Automotive Investment Scheme (AIS)
AIS is an incentive designed to grow and develop the automotive sector through investment in new and/or replacement models and components that will increase plant production volumes, sustain employment and/or strengthen the automotive value chain.
How to apply
To apply visit the dti website, and locate the financial assistance tab. All information including application forms and guidelines is provided for in each of the dti funding and/or incentives.
Project assessment criteria
Projects will be evaluated on the following economic benefit requirements; investment in a new and/or replacement model, tooling, value-addition, employment creation/retention, strengthening of the automotive supply chain, empowerment, increase in plant production volumes by light motor vehicle manufacturers and increase in unit production per plant by component manufacturers.