THREE AUTOMOTIVE component suppliers and a logistics company have invested R165 million in the East London Industrial Development Zone (ELIDZ). Molan Pino, TI Automotive and Caravelle Automotive Carpets have begun construction of their plants in the IDZ while KwaZulu-Natal logistics company Big Foot Express will begin building next year. This brings current investment in the facility to R920 million, according to ELIDZ chief executive officer Simphiwe Kondlo.
