President Cyril Ramaphosa speaks during a ceremony at Nissan's Rosslyn plant in Pretoria, April 10 2019. Picture: WALDO SWIEGERS/BLOOMBERG
President Cyril Ramaphosa speaks during a ceremony at Nissan's Rosslyn plant in Pretoria, April 10 2019. Picture: WALDO SWIEGERS/BLOOMBERG

Japanese vehicle maker Nissan’s R3bn investment in its SA subsidiary will virtually double production, create 1,200 new jobs and turn the company’s Pretoria assembly plant into a world-class manufacturing base, Nissan SA MD Mike Whitfield said on Wednesday.

President Cyril Ramaphosa, who attended the announcement ceremony at the plant in Rosslyn, said this was a "milestone" in foreign investment.

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