GoChinaAuto.com-Jan.27th, 2010, According to the paper released by NAAMSA (National Association of Automobile Manufacturers of South Africa), the capital expenditure in automobile manufacturing industry decreased from 3289.9 R million in 2008 to 2468.7 R million in 2009, the reasons for the decreasing was in part due to the impact of the global financial and economic crisis and the associated deferral of various investment projects.
NAAMSA also claimed that the projected capital expenditure in automobile industry will expanded hugely in 2010, the total would be about 4624 R million, and The substantial increase in planned capital expenditure during 2010 may be attributed to the recent finalisation of the Automotive Investment Incentive Guidelines and Investment Projects by manufacturers to gear up for the impending Automotive Production and Development Programme (APDP).
| R Millions | |||||||||||
| Capital Expenditure | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 F |
| Product/Local/Content/Export Investment/ Production Facilities | 1 311,2 | 1 800,1 | 2 311,4 | 1 989,4 | 1 816,3 | 2 805,3 | 5 058,1 | 2 458,7 | 2 807,7 | 2 215,9 | 4 067,7 |
| Land and Buildings | 109,7 | 33,3 | 152,0 | 141,5 | 129,6 | 512,1 | 758,0 | 382,4 | 329,1 | 178,7 | 380,7 |
| Support Infrastructure (I.T., R&D, Technical, etc.) | 140,6 | 244,9 | 262,4 | 193,9 | 273,7 | 258,7 | 398,8 | 254,4 | 153,1 | 74,1 | 175,6 |
| Total | 1 561,5 | 2 078,3 | 2 725,8 | 2 324,8 | 2 219,6 | 3 576,1 | 6 214,9 | 3 095,5 | 3 289,9 | 2 468,7 | 4 624,0 |
source:NAAMSA