Share

New Cape IDZ mooted

Cape Town - Tenders are out for overview studies on the Western Cape government’s proposed new industrial development zone (IDZ) at Saldanha Bay.

A provisional study earlier this year identified a dry dock for shipbuilding, a hub for the oil and gas industry and a mineral processing plant as viable projects. The establishment of a container wharf might also be considered.

Western Cape trade promotion agency Wesgro is handling the tender process. The department of trade and industry and the Western Cape government are paying about R4.5m each for the complete viability study.

Western Cape Minister of Finance, Economic Development and Tourism Alan Winde said long-term opportunities must be investigated as comprehensively as possible and a balance needs to be maintained between an IDZ and environmental conservation, particularly in the nearby Langebaan area.

Saldanha Steel, which is expected to form an important component of an IDZ, was recently in the news when ArcelorMittal South Africa, to which it belongs, threatened to shut it down because of a dispute with Kumba Iron Ore.

Spokesperson for the ministry of the environment, planning and development Nils Flaatten and Winde said the sustainability or otherwise of the steel plant, although an important player, will not prevent the establishment of an IDZ.  

They did not, however, believe Saldanha Steel would shut down.

Saldanha Bay as a site for an IDZ has a number of plus points, including its proximity to Cape Town and a major railway line.

- Sake24.com
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.07
+0.5%
Rand - Pound
23.60
+1.0%
Rand - Euro
20.32
+0.3%
Rand - Aus dollar
12.24
+0.5%
Rand - Yen
0.12
+0.4%
Platinum
943.20
-0.8%
Palladium
1,035.50
+0.6%
Gold
2,388.72
+0.4%
Silver
28.63
+1.4%
Brent-ruolie
87.11
-0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders