Nomvula Mokonyane welcomes Chinese deal to create ‘New York of Africa’

2013-11-06 17:09

Gauteng premier Nomvula Mokonyane has welcomed a multibillion-rand deal with a Chinese firm to turn property in Modderfontein into a business hub.

Chemicals group AECI announced yesterday it had sold 1 600 hectares of property in Modderfontein to Hong Kong-listed company Shanghai Zendai for about R1 billion. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

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