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News Article - Automotive
Big interest in ELIDZ
Posted on: Friday, 29 November 2002. Article source: Eastern Cape Business News
FOUR MAJOR companies are understood to be at ‘an advanced stage’ in negotiations with the East London Industrial Development Zone to develop new plants in the IDZ. These include a UK cell phone recycling company, a UK computer recycling company and an international baby clothing manufacturer, which will be involved in a joint venture with a local clothing company. As these deals have not been completed at this stage, the identities of the companies cannot be revealed, says Miles. The potential investors join a condom factory and a traditional German brewery which are already under construction in the IDZ.
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