Coega Development Corporation recaps its success for the year 2016 At the Coega Development Corporation (CDC), this time of the year is reserved for self-introspection on progress thus far and how the organisation has fared in achieving its set objectives for the first part of the financial year. The CDC's overall objective as the operator of the Coega IDZ is predominantly to boost beneficiation, investment, economic growth and, most importantly, the development of skills and employment in … [Read more...] about Africa’s Premier Investment Destination
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Coega predicts 1% growth for EC province
The Coega Development Corporation (CDC) today released their much anticipated 2016 fourth edition of the "CDC Eastern Cape Socio-Economic Analysis & Forecast publication." The publication is an annual thought leadership publication developed and published by the CDC's Senior Economists and Business Analysts "This annual thought leadership publication continues to position the CDC as instrumental in providing thought provoking ideas and/or recommendations on the EC economy as well as on issues … [Read more...] about Coega predicts 1% growth for EC province
CDC Marks 16 Days of Activism
The Coega Development Corporation (CDC) as a microcosm of its surroundings seeks to empower women through various organizational policies and programmes. The organization ensures that it progressively instills policies that affirm the socio-economic status of women in the work place. "The CDC as responsible and caring institution supports efforts such as the 16 Days of Activism for no violence against Women and Children," says Dr Ayanda Vilakazi, CDC unit head marketing and … [Read more...] about CDC Marks 16 Days of Activism
Timely renovation for Hamburg Heritage Site
Coega Development Corporation (CDC) continues to be the leading catalyst for the championing of socio-economic development in the Eastern Cape as twenty four unemployed people from the small community of Hamburg have been given an opportunity to improve their skills by the CDC. 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 Clinic construction, … [Read more...] about Timely renovation for Hamburg Heritage Site
Coega congratulated on its ‘best in class’ achievement
THE Coega Development Corporation (CDC) Industrial Development Zone (IDZ) has received a major endorsement from Dr LI Yuanchao, the Vice President of the People's Republic of China as one of the best IDZ's in the developing countries. "I've been to many developing countries and industrial development zones the, Coega IDZ is by far the best of them all" - Dr LI Yuanchao, China Vice President. This comment is one of many positive statements that were made by Dr LI Yuanchao during his visit … [Read more...] about Coega congratulated on its ‘best in class’ achievement
Top Performing Public Service Award
Coega Development Corporation was awarded as a Top Performing Public Service at the 14th annual National Business Awards yesterday, the 17th of November 2016 at the Emperors Palace in Johannesburg. The awards recognized those demonstrating the greatest impact on quality of life, economic prosperity or regeneration through direct investment, pro bono work or employee led initiatives. CDC has played a remarkable role in stimulating socio-economic development in South Africa. In the past 4 … [Read more...] about Top Performing Public Service Award
Local business recognised amongst top performing businesses
The 14th annual National Business Awards, which seek to demonstrate the link between corporate citizenship and commercial success, from staff engagement and development to reputation and brand awareness, was held on Thursday. The Minister in the Presidency responsible for Planning, Monitoring and Evaluation, Jeff Radebe, delivered the keynote address at the awards themed, “The Role of Business in Creating a Stronger Nation,” which drew parallels between government and business. “The value … [Read more...] about Local business recognised amongst top performing businesses
A Life Changing Initiative
Thousands of people in the Eastern Cape are benefiting from a project partnership between the provincial Department of Human Settlements and the Coega Development Corporation (CDC) The CDC recently handed over the keys of 54 houses to 54 beneficiaries in Macleantown, outside East London, in the Eastern Cape. The handover took place after the CDC was appointed by the Department of Human Settlements to assist with rolling out the construction of RDP houses for various communities within the … [Read more...] about A Life Changing Initiative
Coega encouraged by 1.7% expected growth for next year
"The Coega Development Corporation (CDC) welcomes the Honourable Minister of Finance Pravin Gordhan, Medium Term Budget Policy speech delivered this afternoon," said Dr Ayanda Vilakazi, CDC Head of Marketing and Communications. Furthermore the CDC warmly welcomes the Minsters mention of the role the Coega Industrial Development Zone (IDZ) is playing in the Energy mix through the allocation of a 1000 MW as part of the gas-to-power programme. The gas-to-power project is key for energy … [Read more...] about Coega encouraged by 1.7% expected growth for next year
Site preparation begins for R11 billion automotive manufacturing plant in Coega IDZ
The Coega Development Corporation (CDC) has begun work in clearing 54.62 hectares of land in Zone 1 of the Coega Industrial Development Zone (IDZ) in preparation for the biggest automotive investment in Africa in the last 40 years. "We pride ourselves in our efficiency and high turnaround times when implementing complex and mega projects of this nature. Our modus operandi in placing the needs of investors first lies at the forefront of everything we do and has contributed significantly in the … [Read more...] about Site preparation begins for R11 billion automotive manufacturing plant in Coega IDZ
Coega successfully implements another multi million rand project with emerging contractors
The Coega Development Corporation (CDC) is the catalysts for championing of socio-economic development in the Eastern Cape, thus through its various projects aims to improve the quality of life for millions of people across the Eastern Cape and South Africa at large. CDC managed to build 496 houses at Molteno - a small town outside of Queenstown in the Eastern Cape on behalf of the Department of Human Settlements (DoHS). The initiative forms part of projects that the CDC has successfully … [Read more...] about Coega successfully implements another multi million rand project with emerging contractors
Coega IDZ selected as location for gas to power station
The Department of Energy (DoE) this week announced the Coega Industrial Development Zone (IDZ) as one of the locations for the gas-to-power programme, with 1000 MW of the power facility allocated to the zone. The operation is expected to total R25 billion. The announcement was made at the South African Gas Options Conference currently taking place in Cape Town. "This project will allow the Coega IDZ to become a diverse energy user, in conjunction with building the local energy sector. The … [Read more...] about Coega IDZ selected as location for gas to power station
Repackaging South Africa for foreign investors
South African investment destinations, such as the Coega Industrial Development Zone (IDZ), have many of the factors in place needed to secure foreign direct investment (FDI). Investors do however want to know upfront if there are any challenges, and how we are dealing with them. FDI destinations continue to be sought, despite continuing global economic slowdown, which is evident by the fact that FDI into South Africa increased by R2 089 billion in the first quarter of 2016 compared to … [Read more...] about Repackaging South Africa for foreign investors
Coega Maths and Science programme bursaries bearing fruit
The Coega Development Corporation (CDC) is proud to announce that all beneficiaries of the Maths and Science Programme (MSP) and the recipients of the Coega bursary are progressing well in their journey of obtaining higher educational qualifications to get better opportunities in critical fields like engineering, science and technology. CDC has established a Maths and Science Programme, one of the CDC's CSI programmes largely contributing to the community in terms of education, skills … [Read more...] about Coega Maths and Science programme bursaries bearing fruit
Historical Sites within CDC preserved for our heritage
More than 27 sites within the 11 000 hectare Coega Industrial Development Zone in the Eastern Cape have revealed fascinating evidence dating back to the Stone Age, linking the area to a rich history of toolmaking and manufacture. The Coega Development Corporation (CDC) is playing a vital role in ensuring that the rich heritage of the Eastern Cape is preserved for future generations. "September is National Heritage Month. It seems fitting then that the CDC pays tribute to the history of the … [Read more...] about Historical Sites within CDC preserved for our heritage
