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South Africa: Adenco Construction (Pty) Ltd secures ZAR 203 million in state aid from IDC

Description

On 28 February 2023, the Industrial Development Corporation of South Africa (IDC) provided ZAR 203 million (approximately USD 10.83 million) in state aid to Adenco Construction (Pty) Ltd. The IDC disc...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Feb 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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