Jump to navigation

Vol 47 No 24

Published 1st December 2006

South Africa

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.

End of preview - This article contains approximately 867 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.