Speech
Cyril Ramaphosa  ·  2026-07-03 19:27

DP Mashatile delivers a keynote address at the Chery International Factory Acquisition Celebration

We strongly encourage foreignowned companies to source materials and utilize local factories instead of relying on imports while also providing funding and training to help local firms adopt new technologies. Our people are absolutely the greatest asset. It is critical to invest in training, apprentichip and technical education, thereby empowering young South Africans to recognize opportunities within advanced manufacturing and technologydriven industries. South Africa needs to be at the forefront of the technologies that will shape the future of mobility. Cher's investment will pave the way for technology transfer, automation, digitization and advanced manufacturing systems. These developments will beef up our industrial capacity and put South African engineers and technicians at the cutting edge of innovation. The future of Roslin and the greater promise of our country rest heavily on the shoulders of our youth. Every skill they gain, every apprentice ship they take on and every innovation they master is a vital part of the infrastructure that will support the renewal of our country. Today we celebrate, cherish confidence in South Africa and reaffirm our commitment to industrialization, investment attraction and economic growth.