
The Coega Development Corporation (CDC) this week welcomed the Musina-Makhado SEZ Board at its headquarters for a two-day industry wide best practice learnings.
“The two-day workshop, facilitated by various experts within the CDC, sought to impart knowledge of our own learnings over the years in implementing the Industrial Development programme and later the Special Economic Zone programme,” says Dr Siyabonga Simayi, CDC Programme Director.
The Coega Special Economic Zone (SEZ) has been at the forefront of continued efforts in ensuring that South Africa remains a beneficiary of sustainable economic growth initiatives.
The Coega SEZ is currently poised with 43 operational investors and boasts an investment portfolio in excess of R7-billion with R5.9 billion accounted for by Foreign Direct Investors (FDI).
“Our experience at the Coega SEZ has aided us with knowledge to keep the fire burning as we embark on our efforts to set up the Musina-Makhado SEZ. The vast knowledge and experience from various professionals at Coega has been an eye opener and has made us realise the amount of work that still needs to be done,” says James Morotoba, Board Chairperson Musina-Makhado SEZ.
The board also congratulated the CDC on winning the Top Performing Public Sector Award at the National Business Awards. The award won by the CDC acknowledges and congratulates National, Provincial and Local government departments, parastatals and/or agencies that have achieved remarkable results in the last year. It’s measured through financial management, environmental and sustainable development, meeting targets, positive contributions to the economy, and innovation and brilliance in fulfilling their service.
Alan Straton
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