October 2014 | Page 104

by Frank Beeton M oving atters Frank Beeton scans the transport world for news pertinent to the Logistics Sector. Truck Investment Scheme Emerges – At Last! On July 1st, 2014, the Department of Trade and Industry published a document entitled “Programme Guidelines for the Medium and Heavy Commercial Vehicles Automotive Investment Scheme”. Comments, by interested parties, on this 27-page MHCV-AIS document were to be submitted by 22nd July, which seemed a ridiculously short time, given the background sketched below. moving matters H owever, it was notable that no public domain comment on the document was evident until August 18th, when Irma Venter of Engineering News reported on a brief interview with National Association of Automobile Manufacturers of South Africa (NAAMSA) director Nico Vermeulen. both local consumption and export, additional duty-free import credits based on the margin of local value added, and a minimum qualification level of 50 000 units per annum for participation by registered vehicle manufacturers. However, the APDP was applicable only to light motor vehicles, effectively those with Gross ➲ Will the MHCV-AIS bring more truck Vehicle Mass ratings not assembly operations to South Africa? exceeding 3 500 kg. The only provision that was By way of specifically applicable to background, it will be remembered that, on January heavier vehicles with GVM ratings in excess of 3½ tons (i.e 1st, 2013, the Automotive Production and Development Medium, Heavy and Extra-Heavy Commercial Vehicles and Programme (APDP) took effect, replacing the Motor Industry Buses) was that allowing component manufacturers to claim Development Programme (MIDP) that had run since a production incentive on local parts manufactured for these September, 1995. vehicle categories. Even though the MIDP had been officially terminated, the applicable import duty levels that prevailed This new programme was intended to place a greater under that regime for medium/heavy vehicles, i.e. 20% for emphasis on volume and employment growth, whereas its Completely Built Up (CBU) vehicles, zero duty for Completely predecessor concentrated on improving the international Knocked Down (CKD) components (including Semi-Knockedcompetitiveness of the local vehicle manufacturing industry. Down vehicles) and 15% for Imported Medium/Heavy The APDP is a voluntary participation programme, made up Commercial Vehicle tyres, were continued. of four main elements, i.e. Import Duty, a Volume Assembly Allowance, a Production Incentive, and the Automotive The newly-announced MHCV-AIS is a sub-component of