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By way of the 9003-hectare Coega Special Economic Zone (SEZ) located in South Africa, Gqeberha and the Nelson Mandela Bay (NMB) Logistics Park located in Kariega, the Coega Development Corporation is driving growth and development as an Automotive Hub. In fact, several of the Coega SEZ’s international investors operate in the automotive sector, including renowned Chinese corporation, the Beijing Automobile International Corporation (BAIC) SA, amongst others, participating at the 15th BRICS … [Read more...] about Dear Automotive Manufacturer – Welcome to Gqeberha

Port Elizabeth, 19 August 2020- The South African economy has been characterised by slow economic growth and high rate of unemployment and poverty. With the unemployment rate currently at 30.1% in Q1 of 2020, there is an urgency to improve economic growth by investing in infrastructure development programmes and providing opportunities to entrepreneurs and small businesses, says CDC’s Head of Marketing, Brand and Communications, Dr Ayanda Vilakazi. Small businesses and entrepreneurship play … [Read more...] about Coega celebrates women in business

Port Elizabeth, 14 August 2020 – The Coega Development Corporation (CDC) announced today that it has received the International Organisation Standardization (ISO) grading, following a laborious surveillance audit on the CDC’s systems and processes which are utilized by the organisation to deliver international best practice business solutions to all our Clients locally in South Africa and Internationally, as part of the Coega Africa Programme. The achievement comes after a week-long … [Read more...] about Coega retains its improved ISO grading

The CDC responds to “R1.6bn stolen from Eastern Cap Solidarity Fund” Article The Coega Development Corporation (CDC) has been made aware of a disparaging and misleading FAKE news article by African Channel News, dated on or round 15 June 2020. Firstly, the CDC supports the integral role played by the media, we strongly believe adherence to responsible and ethical reporting should form the basis of the work done by journalists. It is however, worth noting, that the supposed article is void of … [Read more...] about CDC Refutes ‘FAKE news’ social media article by African Channel News

Coega signs Lease Agreement with Leading Property Developer Port Elizabeth – The Coega Development Corporation (CDC) announced that it has signed a Lease Agreement (LA) with the Eris Property Group for the development of the Vulindlela Retail Centre in Port Elizabeth (PE). “The LA, marks a significant milestone in the development of the project, the project has been in the works for the past year resulting in the appointment of the Eris Property Group who will be responsible for the … [Read more...] about Development of Vulindlela Retail Centre to create jobs

Following the revisions to the Codes of Good Practice, gazetted earlier this year, the Coega Development Corporation (CDC) is pleased to announce that it has received a Broad Based Black Economic Empowerment (B-BBEE)- Level Two. “This achievement makes the CDC one of the few State Owned Entities (SoE) with a B-BBEE- Level Two,” says Ntombozuko Sijila - CDC Senior B-BBEE Analyst. The new codes incorporate five (5) elements, which include Ownership, Management Control, Skills Development, … [Read more...] about Coega Scores a TWO

Port Elizabeth, 15 July 2019 – The Coega Development Corporation (CDC) announced it has welcomed the budget vote speech delivered by the Minister of Mineral Resources and Energy, Mr. Gwede Mantashe. In particular, the CDC welcomed the Minister’s outlook on “exploring more economical options to bring natural gas into the South African market.” In 2008, the Department of Energy identified the Coega Special Economic Zone (SEZ) as one of the preferred locations for the gas to power project - … [Read more...] about Implementing Liquefied Natural Gas with Coega as the Hub

Coega Development Corporation is waiting eagerly to win a prestigious award this year at the Future of HR awards. In just a week, the Future of HR Awards will be celebrating South African organisations that have demonstrated agility in the workplace and who are high-performance pioneers, highlighting their achievements for local and international business. This year, the awards ceremony would be held at the Sandton Convention Centre, north of Johannesburg, on the 13th of June 2019. For three … [Read more...] about Coega nominated as a finalist

The CDC has won the Employer of Choice in the Public Sector award at the Future of HR Awards that took place on the 19th of July at the Capital on the Park, Sandown in Johannesburg. The CDC faced tough competition in their category but came out tops, beating the National Youth Development Agency (NYDA), Transport Education Training Authority and South African Gas & Oil Alliance to the top honours. The Employer of Choice: Public Sector award recognises the best public sector organisation to … [Read more...] about Employer of Choice