FAW’s assembly plant has become the bedrock for further investments in the Eastern Cape.
Inaugurated in July 2014, the plant was the first large-scale investment made by a China-based company in the region. In fact, it is still one of the largest foreign direct investments ever made in Coega.
FAW’s plant currently provides employment for 120 people on a permanent basis, contributing positively to the overall unemployment rate in the province.
The plant has increased production to include almost all FAW commercial vehicles sold in the sub-Saharan region today. It has produced 1 061 vehicles in the past 13 months alone which are either sold locally or exported into southern Africa.
To date, a total of 16 different models have been assembled at the plant in Coega, ranging from the ever popular 8.140 to the landmark vehicle, a 420hp FAW 33.420FT truck tractor, which is the newest model in the company’s extra-heavy commercial vehicle range and is the successor to the popular FAW 28.380FT.
Total FAW exports reached 159 units in 2016, which rose to 212 units in 2017, establishing FAW as the second largest commercial vehicle exporter in South Africa. This is further testament to the brands promise to build quality vehicles in South Africa for Africa.