EC signs R300m deal to create 1 000 jobs

SIGNED AND SEALED: Eastern Cape finance MEC Sakhumzi Somyo, Billy Huang, who is the director of Shenzen Hengyue Industrial Development Company (IDC), East London IDZ CEO Simphiwe Kondlo and chairman of the Shenzen Hengyue IDC Jerry Li sign bilateral deals Picture:Picture: SUPPLIED
SIGNED AND SEALED: Eastern Cape finance MEC Sakhumzi Somyo, Billy Huang, who is the director of Shenzen Hengyue Industrial Development Company (IDC), East London IDZ CEO Simphiwe Kondlo and chairman of the Shenzen Hengyue IDC Jerry Li sign bilateral deals Picture:Picture: SUPPLIED
A thousand new jobs are expected to be created after the Eastern Cape provincial government secured a R300-million investment from the Chinese province of Guangdong to build a tile plant this year or next year.

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