ABN – Nigerian can producer GZ Industries Ltd plans to build a 1 billion rand (US$71 million) factory in South Africa in partnership with local company Golden Era Group.
The factory will be built in Johannesburg and have an annual capacity of 1.2 billion cans.
It will start operations in the second quarter of 2016 and supply other countries in southern Africa.
GZI CEO Motti Goldmintz said in a statement: “This partnership with Golden Era accelerates our access to new markets across southern Africa and consolidates our ongoing expansion efforts.
“Upon completion of the plant, GZI will have the capacity to manufacture in excess of 3.5 billion aluminium beverage cans every year.”