# President Cyril Ramaphosa has welcomed Toyota South Africa’s ten-billion-rand investment in the ninth-generation Hilux, describing it as a strong vote of confidence in the country’s economy. Speaking virtually at the official launch at the Prospecton plant in KwaZulu-Natal, Ramaphosa said the investment will support jobs, strengthen local manufacturing and boost exports. He also reaffirmed the government’s commitment to improving infrastructure, promoting localisation and creating a stable environment to attract further investment:
Ramaphosa hails Toyota’s R10-billion Hilux investment [SOUND]
ENG RamaphosaOnHiluxInvestment