Durban: Indian companies have shown keen interest to invest about $ 2.5 billion in the metals and automotive sectors in the Port Elizabeth region of South Africa, a local trade official said. Among Indian companies, the total value of investment projects being negotiated exceeds R16-billion ($ 2.5 billion) and covers the metals and automotive sectors, Belu Mabandla, development manager of the Coega Development Corporation(CDC), said in a statement. He said at least three investments from India would be signed during 2008-09.
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