Sinayo Group and Mingyang Smart Energy form joint venture for manufacturing plants in South Africa

Sinayo Group (South Africa) and Mingyang Smart Energy Group (China) signed a MoU to form a joint venture that will invest R1 billion to establish two manufacturing plants for photovoltaic products and wind turbines in Johannesburg, creating over 1,000 jobs.

“Our Joint Venture will – by leveraging our understanding of the domestic market and Mingyang’s expertise, resources and network; ensure that we give impetus to much-needed local enterprise development and job creation while doing our part to accelerate Southern Africa’s participation in the global s”thedtic.gov.za

• 1 source
• thedtic.gov.zathe dtic and BRICS Business Council Welcome Joint Venture Between Sanya of South Africa and Minyang Smart Energy Group of China – The Department of Trade Industry and CompetitionAug 30, 2023

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