Largest Ever Equity Equivalent Investment Programme In South Africa

Caterpillar and the South African Department of Trade and Industry (the dti) officially launched the largest ever Equity Equivalent Investment Program (EEIP) in the country. Caterpillar has committed to source components and related services in South Africa worth a total estimated value of approximately 1.3 billion Rand (about $96 million) over the next 10 years in support of local enterprise and supplier development. “We see that these agreements are also positive for the companies which parti


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