President Cyril Ramaphosa will today, 10 October 2026, officially inaugurate the transformative Free State Catalytic Investment and Industrialisation Project in Phuthaditjhaba, QwaQwa.

The massive R100-billion venture, hosted alongside Free State Premier MaQueen Letsoha-Mathae and Chinese investors Joy Long-YJC, aims to create approximately 6 500 permanent jobs.

Focusing on automotive assembly, electric-mobility technologies, and energy systems, the initiative seeks to drive regional manufacturing and accelerate the local green economy transition.

“The project represents an investment of approximately R100-billion and is expected to contribute to manufacturing, industrialisation, green economy development and the energy transition, while creating approximately 6 500 permanent jobs,” a statement from the Government Communication and Information Services reads.

National and provincial leaders gathered at the Phuthaditjhaba Multipurpose Hall alongside local stakeholders to mark the launch.