I am advised as follows:
1. 45 projects were granted approval under the Automotive Incentive Scheme (AIS) in 2018/19 financial year. All completed applications have been adjudicated as end of the financial year. A list of all approved enterprises and projects across all incentives has been published in the 2018/19 incentive performance report that was tabled in Parliament. The report can also be accessed from the Department’s website: www.thedti.gov.za/publications
2. Delays occurred due to lack of information from applicants, internal verification processes as well as late feedback from applicants. The economic implications are that the applicant either continues with the investment or may not invest in line with its business decision.
3. In 2017/18 financial year 115 projects were paid a total amount of R1.5 billion and R1.9 billion was paid to 112 projects in 2018/19 financial year.
4. The process of appointing adjudication committee members under Department of Trade, Industry and Competition (DTIC) is underway.
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