In highlighting the strategic importance of the Special Economic Zone (SEZ) programme, Dr Rob Davies - South African Minister for Trade and Industry, in his address in parliament emphasized SEZs as a “critical tool for attracting foreign direct investment, creating decent jobs, establishing new industrial centres as well as developing and improving infrastructure.” For the Coega SEZ, drawing meaning to the statement is the ability to ensure the infrastructure on the ground translates to a … [Read more...] about The role played by SEZs in the development of SA
Christopher Mashigo
Eskom and Coega sign collaborative agreement on SA’s Nuclear New Build Programme
Eskom and the Coega Development Corporation (CDC) today signed a memorandum of understanding to cooperate in the development of South Africa's nuclear new build programme (NNBP). The two state-owned companies (SOCs) will work together in support of government's plans to build local capacity through supplier development and localisation around the unfolding infrastructure for the nuclear programme. Eskom's Group Executive for Group Capital, Abram Masango, said, "We are gearing ourselves up in … [Read more...] about Eskom and Coega sign collaborative agreement on SA’s Nuclear New Build Programme
Targeted 7000 new jobs from Coega investors
The Coega Development Corporation (CDC) recently announced that more than an estimated 7 000 jobs will be created from the latest investor signings. This, based on CDC's latest projections on foreign and domestic direct investment flows to the Coega Industrial Development Zone (IDZ) in South Africa over a 12 month period from April 2014 to March 2015. "The 18 new investors that have signed new investment agreements or those in the stages of finalising the agreements with CDC will … [Read more...] about Targeted 7000 new jobs from Coega investors
