Automotive and consumer products sector provide for demand
The demand for machine-tools and plastic machines as well as machines for the food and packaging sector will increase in the coming years due to a higher demand of the automotive and consumer goods sector.
Upcoming infrastructure projects
South Africa invests now and will continue to do so in the coming years in urgently needed infrastructure projects in the field of transport, energy, water and stadium projects linked to the Football World Cup in 2010. In order to satisfy the demand, the local building industry has to invest in its machinery. The sector is already facing capacity constraints. Therefore the import of construction machines is expected to rise in a double digit range within the next few years. Also production sites for construction materials such as cement works have to be build or expanded.
Wealth in natural resources
Being in place for more than hundred years, South Africa’s mining industry is another sector which did not utilise its full potential. The country, a major world producer, is globally known as one of the richest countries when it comes to mineral resources. The sales for mining machinery will therefore remain to be a stable component in the future planning. Besides the mining for platinum, new projects in the sector of iron ore, coal and chromium are reason for an expected increase in the demand of mining machinery. There are further business opportunities for the engineering sector due to the plans regarding new investments for building new power plants, investments in the petroleum sector, the construction of new facilities for the automotive industry as well as projects dealing with the processing of raw materials.
upcoming event
Business trip to South Africa in January 2011
The next business trip to South Africa organised by ESA-Meridian takes place from January 22, 2011 until January 28, 2011. Participants get the chance to talk to business leaders, visit companies as weel as infrastructure projects. For further information please send us an e-mail to businesstrip2011@esa-meridian.com
news
ESA-Meridian in Renewable Energy working group
Renewable energy are gaining importance in the local energy mix. The South African government is focussing on solar and wind within its strategic energy planning. Generous feed-in tariffs has already attracted local as well as international investors. The German-South African Chamber of Commerce in Johannesburg has set-up a working group dealing with renewable energies. The working group represents inter alia the interests of the German industry in this important industry segment. ESA-Meridian is an active member of the working group and will report on a regualr basis about the news.
upcoming event
automechanika - 2011 again in South Africa
The automechanika open its doors again from March 9, 2011 until March 12, 2011. After a succesful kick-off in 2009 the fair expects approximately 400 exhibitors on the NASREC premises in Johannesburg. Automecchanika is one of the most important automotive fair worldwide. The event is a cooperation between Messe Frankfurt and South African organisers.