China is to build a 4,600 MW coal-fired power station in Limpopo, South Africa, to serve a Chinese-controlled industrial park that includes a coking plant, an iron plant, a stainless steel plant, a ferro manganese powder plant, a ferrochrome plant and a limestone plant. The project will be financed by the Chinese government, which has pledged $US1 billion ($A1.27 billion) for infrastructure projects over the next decade. The 60 square kilometres park outside Musina will be built in the Musina-Makhado special economic zone with $10bn in investments from nine Chinese companies. In addition, coal will be the more expensive option for the Chinese investors. President Ramaphosa signed the deal on his recent visit to China.
China is to build a 4,600 MW coal-fired power station in Limpopo, South Africa, to serve a Chinese-controlled industrial park that includes a coking plant, an iron plant, a stainless steel plant, a ferro manganese powder plant, a ferrochrome plant and a limestone plant. The project will be financed by the Chinese government, which has pledged $US1 billion ($A1.27 billion) for infrastructure projects over the next decade. The 60 square kilometres park outside Musina will be built in the Musina-Makhado special economic zone with $10bn in investments from nine Chinese companies. President Ramaphosa signed the deal on his recent visit to China.