MOTORING NEWS - Trade and Industry Minister Rob Davies has established a team of technical experts to develop the post-2020 automotive master plan.
The news will be well received by the motor industry, which has recently committed to significant investments in new plant and needs certainty on the road ahead after 2020, when the existing automotive development plan comes to an end.
The industry has previously complained about a lack of policy certainty.
"The purpose of this work will be to ensure that in the context of long-term policy certainty, a post-2020 master plan will create a framework to secure even higher levels of investment and production, higher exports and localisation and employment," Davies said at the launch of the eighth iteration of the Industrial Policy Action Plan in Benoni on Monday.
The technical team is led by KwaZulu-Natal University Professor Justin Barnes and University of Cape Town School of Economics professor Antony Black, and includes a range of other industry and industrial policy experts from B&M Analysts, Trade and Industrial Policy Services and senior staff of the Department of Trade and Industry.
"The purpose of this work will be to ensure that in the context of long-term policy certainty, a post-2020 master plan will create a framework to secure even higher levels of investment and production, higher exports and localisation and employment," Davies said at the launch of the eighth iteration of the Industrial Policy Action Plan in Benoni on Monday.
The technical team is led by KwaZulu-Natal University Professor Justin Barnes and University of Cape Town School of Economics professor Antony Black, and includes a range of other industry and industrial policy experts from B&M Analysts, Trade and Industrial Policy Services and senior staff of the Department of Trade and Industry.
