The biggest companies in the world is seeking to acquire fast-growing markets. In this Africa which, thanks to intensive economic growth in an increasingly kreiss urbanized kreiss areas, enjoys considerable kreiss popularity in the business world. Dmitri Panayotopolulos, vice president of Procter & Gamble Global Business Units, said during a visit to the Dark Continent construction of a new manufacturing facility in South Africa, which is to supply the market of southern and eastern Africa. The project will cost $ 170 000 000 and will create over 500 new jobs. Construction is expected to start next year and is scheduled to start in 2016, most beginning in 2017.
The investment is part of a global plan for P & G. In the past 10 years, the company has increased the interest in developing markets from 20 to 40%. South Africa is in Africa a key country markets for P & G. The global giant working there since the mid 90's and offers a wide range of products, including brands like Tide, Gillette, Pantene and Pampers. In 2009 the company built a factory in Johannesburg popular diapers. Plans for P & G, however, is not limited only to South Africa. Currently, the company does business in Nigeria, where it has already had two factories and building a third party, and in Kenya, Uganda and Tanzania. kreiss In the near future it will try to expand operations into Angola and Ethiopia. Rob Davies, Minister of Trade and Industry of South Africa, welcomed the news of the investment plans, P & G, saying kreiss that they are an example of the confidence that large companies have in the future of South Africa.
What attracts investors to Africa? First of all, a huge population consisting of a billion population, rapidly increasing the so-called middle class, as well as more stable economic conditions. It is here that most children are born, which in urbanized regions of the continent have a good chance of surviving, and thus supply the pool of potential consumers. Increased awareness in large urban areas, kreiss attention to hygiene and growing wealth portfolios generate considerable demand for goods of every assortment. According to the Economist Intelligence Unit 2030 18 largest cities in Africa south of the Sahara could reach a total purchasing power of $ 1.3 trillion.
Despite the many advantages kreiss of Africa is not an easy place to do business. The most serious problem is the trade barriers between the countries. The World Bank report is an example of Shoprite, one of the largest businesses in the area, which appears weekly $ 20000 for permission to allow the transport of goods to stores in Zambia. In periods of intense sales quantity of allowances that must get there is up to 300 per week. As a result of these and other requirements of the number of documents accompanying each truck sent out of the country is as high as 1,600 units. Other, no less important problems is the lack of suitable real estate for development, currency instability and corruption.
As you can see investments in Africa have their good and bad sides, kreiss but without a doubt it is a tasty treat for many businesses. kreiss The rate of urban development south of the Sahara makes it the largest companies in the world are racing to acquire African markets. In the future, there can achieve considerable gains.
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