PHARMACEUTICAL COMPANY Aspen Pharmacare is to invest between R50 and R100 million in the Eastern Cape over the next 12 months. Speaking at the opening of a R8-million oral contraceptive factory in East London, Pharmacare group chief executive Stephen Saad said "we have ambitious plans over the next year to significantly increase our manufacturing capabilities in order to take advantage of export opportunities.
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.
The Eastern Cape Department of Economic Affairs, Environment and Tourism has published the "core elements" of its strategic plans for the province. These elements will guide future investment and development strategies.

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