Projects and construction within the Coega Development Corporation’s Industrial Development Zone (IDZ) has received positive feedback after a visit from several local and regional government officials which took place earlier today. Sakhumzi Somyo, MEC for the Department of Economic Development, Environmental Affairs and Tourism (DEDEAT), and the Nelson Mandela Bay Deputy Mayor Bicks Ndoni were pleased with the progress of investor growth and infrastructure construction in the IDZ. “I am … [Read more...] about Economic Development MEC pleased with progress at Dedisa and CDC investor growth
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Coega offers investors world class incentives
A special, world class suite of incentives – available to both current and future investors in the Coega Industrial Development Zone (IDZ) – is driving investment appetite and supporting existing investors, the Coega Development Corporation (CDC) said today. Unlocked by the new Special Economic Zone (SEZ) policy, promulgated last year, the long-awaited suite of incentives are primed to make SEZ's more attractive to both domestic and foreign investment. "For a long time, our ambitions as an … [Read more...] about Coega offers investors world class incentives
Coega to install solar panels on rooftops of buildings located in IDZ
The Coega Development Corporation announced today that the roofs of about 15 of its buildings within the Coega Industrial Development Zone (IDZ) will be fitted with solar panels. These CDC buildings have a collective roof space of 127 000 m2. A request for proposals for the solar panel rooftop solution has already been issued by the CDC. The project forms part of the organisation’s commitment to renewable energy as an important source of energy security. “Existing buildings lend … [Read more...] about Coega to install solar panels on rooftops of buildings located in IDZ
CDC implements programmes to empower the youth during Youth Month & beyond
JUNE 12, 2015: THE Coega Development Corporation (CDC) will embark on a number of programmes to empower youth during Youth Month and beyond. Included on the list of programmes the CDC will host are roadshows for small, medium and micro enterprises (SMMEs), including those enterprises owned by youth and women, informing them about the new Broad-Based Black Economic Empowerment (B-BBEE) codes and secondly promote the new CDC Integrated SMME Growth Programme (ISGP) that will focus on key business … [Read more...] about CDC implements programmes to empower the youth during Youth Month & beyond
International accreditations add to Coega Development Corporation’s list of achievements
Hard wrok undertaken by the Coega Development Corporation (CDC) has culminated in the state-owned entity winning several top awards and also obtaining various accreditations from the International Standards Organisation (ISO). “The CDC is dedicated to making the Eastern Cape a pillar for economic growth through pioneering strategic game changing projects leading to unlocking the province’s potential,” said Dr Ayanda Vilakazi, head of CDC marketing and communications. The CDC has scooped … [Read more...] about International accreditations add to Coega Development Corporation’s list of achievements
Coega installs multi-million rand central fire rings in Industrial Development Zone
The Coega Development Corporation today announced that it is in the planning stages for the installation of a third fire ring to be erected in Zone 7 of the Industrial Development Zone (IDZ). The fire ring, a central system that feeds water to various businesses in designated zones, consists of two tanks that can each store half-a-million litres of water. These massive tanks, filled with municipal water, are fitted with booster pipes and are automatically powered by a diesel operated power … [Read more...] about Coega installs multi-million rand central fire rings in Industrial Development Zone
CDC alerts stakeholders and suppliers to be vigilant of email scams
MAY 26, 2015: THE Coega Development Corporation (CDC) is alerting stakeholders and suppliers against a possible tender scam going out under the CDC’s name. An email was received by a CDC supplier earlier this week – ostensibly from the CDC – inviting them to bid for tenders. “We ask our stakeholders and suppliers to remain vigilant against scams. CDC never solicits tenders directly with the suppliers. This is not CDC procedure,” said Dr Ayanda Vilakazi, CDC head of marketing and … [Read more...] about CDC alerts stakeholders and suppliers to be vigilant of email scams
Youth receive building inspector training at Coega
Unemployed young people are being trained to become building inspectors by the Coega Development Corporation (CDC). The Building Inspector Training Programme (BITP) was launched in April this year with the aim of developing a solid and formidable pool of building inspectors who will create the desired outcomes on top structured buildings with the aim of improving their quality. “It’s been well documented that the housing quality in South Africa has found itself in an undesirable state. … [Read more...] about Youth receive building inspector training at Coega
Heads of Diplomatic Mission positive about Coega IDZ as investment destination
The Coega Development Corporation (CDC) welcomed the South African Heads of Mission Designate led by the Department of International Relations and Cooperation (DIRCO) accompanied by the Eastern Cape Office of the Premier (ECOP). “The Heads of Mission Designate are on a five day visit to the Eastern Cape with the objective of promoting the province to countries of their accreditation,” said Dr Ayanda Vilakazi, CDC unit head marketing & communications. The Heads of Mission are due to … [Read more...] about Heads of Diplomatic Mission positive about Coega IDZ as investment destination
Improving the global competitiveness of South Africa’s automotive industry
In spite of some excellent efforts by VWSA and Toyota SA to increase local content of the vehicles they assemble, the South African automotive industry in general is finding it difficult to compete with global manufacturers due to the low percentage (35% on average) of local content in the vehicles produced in this country. The problem is amplified through intensified competition in global automotive markets, the introduction of vehicles with a shorter life cycle, supply chain management … [Read more...] about Improving the global competitiveness of South Africa’s automotive industry
Coega has big plans to Fly
"Ladies and Gentleman please fasten your seatbelts as we prepare for our descent to Coega Airport. We hope you will enjoy your stay in the Eastern Cape and Port Elizabeth's premier business hub and thank you for flying MyPE airways!" The Coega Development Corporation (CDC) today announced that it will issue a notice for an Environmental Impact Assessment (EIA) study to assess the feasibility of establishing a cargo airport and an aeronautical/ aerospace industrial cluster in the Coega … [Read more...] about Coega has big plans to Fly
R83 Million School Infrastructure Projects successfully delivered
Learners across the Eastern Cape will be starting the school year in 17 newly built schools thanks to the Department of Education Eastern Cape commitment to improve the learning and teaching environments for pupils. The Coega Development Corporation (CDC), which is the implementing agent for several projects on behalf of the Department of Basic Education, announced today that it has delivered 17 schools of 25 Infrastructure Upliftment Programmes across the Eastern Cape. The CDC took on the … [Read more...] about R83 Million School Infrastructure Projects successfully delivered
Three prestigious Business Oscars for Coega Team
The Coega Development Corporation (CDC) won three awards at the prestigious 12th Annual National Business Awards (NBA), considered the "Oscars of South Africa's business." The announcement was made at the Emperors Palace in Johannesburg Wednesday, November 5. The CDC won the Infrastructure Development and Top Performing Public Service awards, while its head of marketing and communications, Dr Ayanda Vilakazi, was named the country's Top Executive of the Year (under forty years). In the … [Read more...] about Three prestigious Business Oscars for Coega Team
Best Provider of Services to Exporters
The Coega Development Corporation (CDC) keeps racking the awards up, this time walking away with the Best Provider of Services to Exporters at the annual Exporters Club award ceremony at the weekend. “After receiving a merit award last year, we’ve done one better by capturing the big one. This award affirms the consistent effort put in by everyone involved at the CDC and further challenges us to do even better next time,” said Christopher Mashigo, CDC business development executive … [Read more...] about Best Provider of Services to Exporters
Putting an end to tough times
The Coega Development Corporation's (CDC) initiative to advance Small, Medium and Micro-sized Enterprises (SMME), has exceeded its annual participation goal creating job opportunities for many unemployed people, in Nelson Mandela Bay. Coega's SMME development has a target of 35% SMME participation on all contracts awarded and exceeded this, achieving 37.92% SMME involvement and participation during the 2013/2014 financial year. In 2013 Coega launched its R400 000 BEESIP (BEE Scorecard … [Read more...] about Putting an end to tough times
