In construction, nothing goes to waste

Construction of the R1,5-billion Wedgewood Village Golf and Country Estate in Greenbushes will start next month with about 70% of the plots sold

THE government looks as if it’s trying to nudge a decision out of aluminium producer Alcan on whether it intends to build a smelter in the Coega development zone in the Eastern Cape.

WILL THEY COME? A Coega interchange for traffic from expected tenants COEGA is beginning to shake off its woes with a number of new tenants committing billions to the controversial port development.

THE Belgian Sander textiles project at the Coega industrial development zone appears to have run aground after Coega management said it had commenced negotiations with potential new tenants for the factory it had built for Sander.

Government plans to lower the cost of doing business in former homelands and other poor areas under drafts it will submit to the cabinet in the next few months.

Coega, Standard Bank ink deal

Coega yesterday achieved a significant milestone in its construction, in the form of the official turning on of the zone's power supply.

THE Coega Industrial Development Zone — which is battling to attract quality tenants — yesterday netted its second large catch to date, a R1,1bn chlorine-refinery project.

Alcan is taking its time to decide whether to proceed with the $2,5-billion Coega aluminum smelter project in South Africa, the Canadian company's chief executive said yesterday.