Stellantis has signed a Memorandum of Understanding with the Industrial Development Corporation and the Department of Trade, Industry and Competition to develop a manufacturing facility in South Africa. The signing ceremony took place at the office of Mr. Ebrahim Patel, Minister of Trade, Industry and Competition, and was attended by Mr. TP Nchocho, CEO of the IDC, Mr. Samir Cherfan, Stellantis Middle East and Africa COO, and Mr. Leslie Ramsoomar, Stellantis South Africa Managing Director. The manufacturing plant is planned for setup in a South African Special Economic Zone. The aim is to complete this manufacturing project by 2025.
Published first on TheFly
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