New rail strategy in Eastern Cape to bring heavy haulers on track, and link up with the port and planned industrial zone in East London
A final decision by French aluminium group Pechiney on whether it will build a R20bn smelter plant within the Coega industrial development zone (IDZ) in Eastern Cape is expected before November this year.
Johannesburg - The industrial development zone (IDZ) in the Eastern Cape's second-largest city, East London, is well advanced, with two tenants already signed up and seven deals worth between R3 million and R3.5 billion under negotiation.
The marine tender for construction of Ngqurha is to be issued tomorrow.
Proposal expected to help province end its dependence on a single sector
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.

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