QwaQwa Secures R5,5-Billion Electric Vehicle Plant in Landmark China-Backed Industrial Deal

QwaQwa Secures R5,5-Billion Electric Vehicle Plant in Landmark China-Backed Industrial Deal

PHUTHADITJHABA — President Cyril Ramaphosa recently officially launched the Free State Catalytic Investment and Industrialisation Project, unveiling a suite of Chinese-backed industrial initiatives headlined by a R5,5-billion automotive assembly plant that will produce electric vehicles in the Maluti-a-Phofung municipality. The Joylong Automotive Manufacturing Project, developed in partnership with Chinese investors Joy Long-YJC, represents the most

Will QwaQwa’s SMEs benefit from R100bn investment?

A proposed R100 billion renewable energy investment in the Free State may create new opportunities for local businesses. However, it is uncertain whether small enterprises in QwaQwa will be included in the projects’ supply chains. President Cyril Ramaphosa announced three investment initiatives on 9 October 2026 during the launch of the Free State Catalytic Investment and Industrialisation Programme at the Phuthaditjhaba Multipurpose Centre in Q…

Ramaphosa announces R105.8bn investment drive as Free State battles industrial decline - Inside Politics

By Mulalo Luvhimbi President Cyril Ramaphosa has announced three proposed investments worth about R105.8 billion in the Free State, with the projects expected to create thousands of jobs as the government seeks to revive industrial activity in a province struggling with deteriorating infrastructure and unreliable municipal services. Speaking at the Free State Catalytic Investment and […]