South Africa's Gecko mulls investing USD 1.8bn in Namibia projects - report.

By bne IntelliNews April 29, 2011
South African-based company Gecko plans to invest USD 1.8bn in building three chemical acid plants and a harbour in Namibia to serve the uranium mining industry, the Business Report newspaper reported. The three proposed plants for sulphuric acid, soda ash and phosphoric acid will be located in the central coastal area near Swakopmund, Gecko's managing director for Namibia, Philip Ellis, was quoted as saying. Once the plants are operational, 2,470 people will be permanently employed, the newspaper said.

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