Coega SEZ gets international acclaim
Chinese Ambassador to South Africa, Songtian Lin, says the Coega Special Economic Zone is a good case study for the continent and the world on how to develop and operate a SEZ. “The Coega SEZ is by far the most successful SEZ on the African continent. It is a good... Read more
Coega recognised for job creation, services to investors
The Coega Development Corporation (CDC), operator of the multi-award winning Coega Special Economic Zone (SEZ), has been recognised for its dedication to job creation initiatives and excellent services to export orientated investors. The award bestowed onto the CDC, by the Exporters Club has been described by Dr Ayanda Vilakazi,... Read more
CDC’s energy approach boasts well for Eastern Cape
The Coega Development Corporation (CDC) recently hosted the Minister of Energy Ms Mamokolo Kubayi who recommitted the Coega SEZ as one of the preferred locations identified to host the gas to power plant and identified the CDC as one of the important partners to assist the department in implementing... Read more
Coega remains a preferred location for gas-to-power says government
Coega SEZ remains one of the preferred location for its gas aspirations, particularly for the 1000MW LNG project announced to the Coega SEZ last year  says Minister of Energy, Ms Mmamoloko Kubayi. Her announcment followed a visit to the Eastern Cape SEZ with the MEC for Economic Development, Environmental Affairs... Read more
SMMEs happy with BAIC SA plant implementation
The Coega Development Corporation (CDC) announced that the BAIC SA investment in the manufacturing facility is earmarked to be completed within the planned timeframes. However, to achieve this, the construction of the Chinese automaker’s plant will have to be accelerated. During Phase 1 of the project (site preparation), managed... Read more
Two multi-million rand projects get underway at Coega
The Coega Development Corporation (CDC) announced that work has commenced on two of the projects worth over R1-billion at the Coega IDZ. The CDC earlier this year announced that investment projects worth over R1-billion are ready for implementation in the Coega IDZ. The three projects which include an R650-million... Read more
Coega’s revenue grows to half a billion rand
The Coega Development Corporation has once again surpassed expectations and its forecast by achieving three years in a row double-digit of new investments in the Coega SEZ. The Coega Development Corporation (CDC) today announced its year-end unaudited performance results for the Financial Year (FY) 2016/17, which, it says, exceeded... Read more
Phase 1 of FAW Coega investment will create 500 jobs
First Auto Works of China (FAW) signed a lease agreement with the Coega Industrial Development Corporation this morning that will see a state-of-the-art truck assembly plant constructed on 10 000 square metres in Zone 2 to produce 5 000 units a year and create 500 permanent jobs. Construction of... Read more
High-powered Chinese delegation visits Coega IDZ
A high-powered delegation with representatives from a number of sectors, including renewable energy, ICT and agro-processing has been in Nelson Mandela Bay looking at opportunities for investment in the Coega Industrial Development Zone. Mayor Zanoxolo Wayile told Council this morning that the group had been looking at economic opportunities... Read more
Hamburg residents get help from with technical skills
Twenty-four unemployed people from the small community of Hamburg have been given an opportunity to improve their skills by the Coega Development Corporation. The community was trained on the following technical skills: bricklaying and plastering, electrical, carpentry, painting and decoration. The training follows the recent commencement of the Hamburg... Read more