BMW South Africa has announced plans to invest R42 billion (approximately $2.9 billion) in its Tshwane plant.
- The investment will be used to upgrade the plant’s production capabilities and make it more energy-efficient and sustainable.
- The upgrade will enable the plant to produce the latest generation of BMW’s X3 model.
- The investment is expected to create around 1,200 new jobs at the plant and support a further 10,000 jobs in the local supply chain.
- The Tshwane plant has been in operation since 2018 and currently employs around 2,500 people.
- BMW’s investment in the Tshwane plant is part of its broader commitment to sustainable manufacturing and reducing its carbon footprint.