Business Opportunities
With a market of almost 56 million inhabitants and a particularly consumer-oriented, growing middle class, the South African economy offers a lot of potential for Bavarian companies. Investment opportunities exist in large government infrastructure programs, such as the renewal of the rail network and the corresponding equipment and the expansion of ports.
The automotive and subcontracting industries remain an important economic factor. Automotive manufacturers such as BMW and Volkswagen, for instance, manufacture locally in their plants in Rosslyn and Port Elizabeth.
A growing demand for electricity and good natural conditions offer plenty of opportunities for renewable energies in the wind and solar sector. South Africa has productive raw materials that offer opportunities in the processing sector.