The Diplomatic Society

 
  • Increase font size
  • Default font size
  • Decrease font size

Airbus contract boosts SA's confidence

Pretoria - European aircraft manufacturer, Airbus, is extending a multi-million rand contract with Centurion-based Aerosud to manufacture parts for its A400M military airplane.
Flying the South African flag high in a specialised manufacturing niche market, Areosud will be responsible for the cockpit, fusalage interior lining, as well as the wing tips of the military airplane.  
This will provide sustained work, high tech jobs and export revenues for South Africa. Historically, successful military transport aircraft programmes run for over 50 years.
Speaking at the media briefing to announce the awarding of the Airbus A400M production contract on Friday, Trade and Industry Minister Rob Davies said the awarding of the tender shows the capability that South Africa has in the manufacturing of high technology products.
He said it further indicates the growing confidence that the international market is gaining in the capabilities of the aerospace industry.  
He said the aerospace industry is strategic and characterised by significant levels of value-addition and technology intensity.
“Because the global industry is heavily concentrated with complex supply chains in which suppliers have to meet the highest global standards, it is safe to state that it’s not a small achievement for a South African company to have become part of this supply chain,” said Davies.
According to Davies, through theAerospace Industry Support Initiative (AISI) and National Aerospace Centre (NAC) programmes, the dti has provided industry investment support as well as skills development in the previous financial year of R27 million, supporting 169 organisations.
Davies said Aerosud had demonstrated how a close working relationship between government and the private sector is possible, and sometimes necessary for companies to achieve success in a highly competitive industry and global economy.
“The lessons from this success should and must be used to support other companies, including black owned companies as part of government’s overall efforts to transform the economy and support black economic empowerment,” he added.
International Co-operation Airbus Vice President Simon Ward said the tender represents incomparable potential for sustainable industrial, commercial and socioeconomic benefits.
“I am happy to re-affirm Airbus’ commitment to South Africa and its aerospace industry. Today Airbus-related work is the main contributor to the sector by value, and probably by volume in terms of the sheer number of parts manufactured here for our programmes.
He said they have contracted work with the local industry worth about R4 billion.
Last year alone, the value of Airbus-related manufacturing in South Africa was worth around R350 million. – SAnews.gov.za

 


 
 
 
 
 
 
 
_________________________________________________

September 2017 Edition

 
 
_________________________________________________

Translater


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Human Capacity 26 August 2017 Ambassador LIN Songtian of the Peoples Republic of China (PRC) to South Africa (SA) outlined China’s policy and vision and how it is developing to position China as... <|> India’s Foreign Policy Analysis:  Modi Doctrine a book authored by Dr. Sreeram Chaulia This month in an exclusive interview The Diplomatic Society Global Editor Srimal Fernando engages Dr.... <|> Progress made in Libya talks 12 September 2017 President Jacob Zuma has commended the progress made towards the resolution of conflict in Libya. The President was on a working visit to Brazzaville... <|> Egypt Candidate for UNESCO 12 September 2017 Egypt Special Envoy has started an African tour to convey the Egyptian government's thanks for the African countries support to Minister Moshera Khattab... <|> Easing travel regulations between South Africa and Kenya 3 May 2016 South Africa and Kenya have announced measures that will make travelling between the two countries easier. South African Home... <|> Iran-South Africa cooperation promote global peace 12 September 2017 Iranian President Hassan Rouhani says cooperation between Iran and South Africa can play a prominent role in promoting peace... <|> South Africa and Vietnam accelerate trade 12 September 2017 South Africa and Vietnam have agreed to fast track trade relations. This emerged during SA Minister of International Relations and... <|> BRICS: Stronger Partnership for a Brighter Future 12 September 2017 The 9th BRICS Summit was successfully held in Xiamen, China from 3 to 5 September 2017. Chinese President Xi Jinping chaired the... <|> Seeking trade opportunities in Russia 11 September 2017 Local companies have been urged to look for trade opportunities in the Russian market. Minister Plenipotentiary at the South Africa Embassy... <|> Seeking study opportunities 14 September 2017 A delegation from China recently visited the Pearson Institute for Higher Education in Ashlea Gardens Pretoria, to talk about study opportunities for... <|>
© copyright 2011-2017| The Diplomatic Society| All Rights Reserved.