The Department of Trade and Industry (dti) will allocate more funds for the revitalisation of the Vulindlela Heights Industrial Park.

China has reiterated its commitment to support industrialisation in South Africa and the rest of the African continent by pledging $50 billion towards industrialisation projects, said the Department of Trade and Industry (dti).

The Department of Trade and Industry (dti) has set aside R80 million for the refurbishment and resuscitation of the country’s industrial parks.

Ten potential special economic zones, at least one in each province, had been identified and would be subjected to feasibility studies in the coming months, Trade and Industry Minister Rob Davies said in Parliament Friday.

The tabling of the new Special Economic Zones (SEZ) Bill is an admission by government that the existing Industrial Development Zones (IDZs) have failed to attract enough investment to justify the R5.3 billion spent on them, says Democratic Alliance shadow trade and industry minister Tim Harris

The regulatory powers of the Estate Agency Affairs Board needed to be strengthened so it could govern the industry more effectively, Department of Trade and Industry acting director-general Lionel October said on Friday.

R2bn Coega tax break withdrawn

Cape Town - Negotiations with Alcan of Canada on a scaled-down version of the proposed aluminium smelter at Coega were continuing, Lionel October, a deputy director-general in the department of trade and industry, said on Friday.

GOVERNMENT has revealed that it is considering a possible reconfiguration of the mooted $2,2bn aluminium smelter at Coega to attract other investors should Canadian group Alcan decide not to pursue the project.

Alcan, the world's second-largest producer of aluminium, would decide in June whether to go ahead with plans to build a $2 billion (R12.8 billion) smelter near Port Elizabeth, it said yesterday