Japanese firms provide 200 000 SA jobs

Jun 03 2013 13:28

Tokyo - A total of 112 Japanese companies provide jobs to about 200 000 South Africans, President Jacob Zuma said on Monday.

"They also provide training and development to their employees," Zuma said in a speech prepared for delivery to the Keidanren [Japan Federation of Economic Organisations] in Tokyo.

He said during a working visit to Japan: "Japanese companies have made large investments in South Africa."

He said South Africa appreciated Toyota's announcement that 50% of all Hi-Ace vehicles would be constructed and assembled in the country.

Nissan announced that it would re-launch the Datsun brand in South Africa next year.

"South Africa welcomes the role played by Toyota, Mitsubishi, Nissan, Hitachi and others in the provision of job opportunities and skills development."

Zuma explained how South Africa is implementing plans to build the country and also addressed the National Development Plan (NDP).

"The process has begun to align government programmes and plans with the National Development Plan, with an emphasis on implementation.

"Within this broader roadmap, the NDP is our industrial policy action plan which focuses on growing our manufacturing base and the size of our economy," said Zuma.

This was done because South Africa has positioned itself as a "manufacturing centre of excellence".

Zuma said the country is inviting investment in six key sectors: infrastructure development, agriculture, mining and beneficiation, manufacturing, the green economy, and tourism.

"We urge you to explore opportunities in these sectors.

"We will provide as much support as possible," he said.



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mitsubishi  |  toyota  |  hitachi  |  nissan  |  jacob zuma  |  tokyo  |  economy  |  jobs



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