Global Trade Alert
Global Trade Alert

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

Announcement

28 Feb 2023

In 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. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Feb 2023

Revocation date:

No revocation date

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