Without incentives to attract foreign investors, Coega, SA’s premier industrial development zone, may never realise its full potential.
The R21-billion Rio Tinto Alcan aluminium smelter, which was scheduled to break ground at Coega in the second half of this year, could be delayed by as much as four years due to the area‘s current power shortages.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.