Costs at Coega mounting
THE cost of building a deepwater port at Coega near Port Elizabeth is rising steadily as the rand depreciates against the dollar,with Portnet now estimating a first-phase cost of up to R2,7bn against R1,65bn expected last year.
Coega to attract investors
Work starts on the first phase of a R1,65bn deep-water port.
Coega gov investment
National government has set aside R211-million immediately for infrastructural development in the Coega Industrial Development Zone (IDZ) east of Port Elizabeth.
Prop Investors cautioned over Coega spinoff
Home owners and developers have been warned about being over-optimistic about the effects of the proposed Coega development outside Port Elizabeth on local house prices.
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