Powering up

Overseas investment in aluminium helps the Eastern Cape and requires more investment in power

Alcan is to build a US$2.7 billion smelter at the Coega Industrial Development Zone (IDZ) in South Africa's Eastern Cape. This could salvage the Zone's faltering fortunes - and the reputation of Public Enterprises Minister Alec Erwin, for whom it is a pet project. Yet doubts remain about whether the smelting plant will give good value for the billions of rand it will cost.

Article Tags:
Alec Erwin, Canada, Cynthia Carroll, France, Maria Ramos, Thulani Gcabashe, Britain, Nuclear plans, Germany, Congo-Kinshasa

end of preview

To read the rest of the article you need to either log in or do one of the following:

Subscribe to Africa Confidential Find out more
Purchase this article on its own Find out more

If you have a print subscription already please click here for full access to the website.
If you have already logged in and believe you should have access to this article please contact customer services.