Automotive tyre manufacturing plant

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Project summary

Objective
I am seeking investment, loans or funding
Short description

The FDC seeks an investor to establish and operate an automotive tyre manufacturing plant.

Project details

Tyre manufacturing

The project is aimed at the establishment and operation of a 10 000 tyre-a-day automotive tyre manufacturing plant, which will manufacture tyres for well-known brands.

Location

  • Industriqwa outside Harrismith

Project Rationale

  • To bring a new player into tyre manufacturing that is using virgin and scrap tyres to manufacture tyres

Milestones

  • Project concept developed
  • Marketing the opportunity to prospective investors

Project requirements

  • The required project investment value is estimated at R200-million

Contact

To discuss the opportunity, please CONNECT/ENQUIRE to send a message and/or contact us for additional information.

Note: Various investment incentives are offered to investors by the South African Government. Contact the FDC for more information.

Key facts about this project

Region / country
Africa, Free State (South Africa), and South Africa
Sectors
Manufacturing
What type of investor are you looking for?
Professional private 'angel' investor , Venture / Private Equity , Corporate investor , and Crowdsource
Type of funding sought
Equity (Purchase of shares)
Management presentation available
Yes
Prepared to deal with a syndicate of investors:
Yes
Business plan available
Yes
Company owner or broker
Owner
Investment stage
Live project - building short list of interested parties
Investment amount
$ 14,000,000 - $ 15,000,000
Company founded
1995
Development stage of company
Developing and profitable

About the company

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Free State Development Corporation (FDC)

The Free State Development Corporation seeks to drive investment and enterprise development in South Africa’s most central province.

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