SAB invests R438-million new production line at Port Elizabeth

摘要

Perseverance, Port Elizabeth; South Africa's largest brewer, SAB and AB InBev Africa, has delivered a strong vote of confidence in Port Elizabeth's vibrant manufacturing industry with the launch of a brand new R438-million (USD$30-million) production line at its Ibhayi Brewery based in the coastal town's industrial area of Perseverance. The multi-million rand investment is over and above the Public Interest Commitments (PIC) made by AB-lnBev to the South African government at the time of its business combination with SABMiller at the end of 2016. The PIC involves AB InBev investing R1-billion in South Africa over the next five years in the areas of Agriculture, Entrepreneur-ship and Societal Benefits.