Name and Location
Truck, coach and bus assembly plant project, Gauteng, South Africa.

Client
Iveco South Africa Works, a joint venture between Iveco (60%) and Larimar Group (40%).

Project Description
The project involves the construction of a facility, which will undertake the completely knocked-down assembly of Iveco trucks, coaches and buses, near Rosslyn, outside Pretoria.

Production volumes at the plant, in a refurbished facility, will amount to 5 000 units a year and will produce left-hand- and right-hand-drive vehicles for the Southern African market.

Value
R530-million.

Duration
The plant will be commissioned in 2014.

Latest Developments
Not stated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Iveco, Christophe Longuet, tel +27 11 205 3934 or email christophe@iveco.co.za.
Larimar, tel +27 11 602 0300 or fax +27 11 804 3837.