One of the many successful projects the CDC is undertaking in the Integrated Social Infrastructure Development Programme (ISIDP) programme. Pictured are the before and after pictures of a stretch of road in the Missionvale Location, Port Elizabeth. The CDC is the catalysts for championing of socio-economic development in the EC, thus through its various projects aims to improve the quality of life for millions of people across the NMBM and Eastern Cape at large. More than 6-million people are … [Read more...] about Improving Lives of Communities in the NMBM
coega
Going against the tide
The reflections by the UN Conference on Trade & Development that Foreign Direct Investment (FDI) into South Africa in 2015 dropped by 74% translate to strenuous economic times for the country. The reality is that South Africa drew $1.5-billion (R24.7-billion) in foreign direct investment in 2015. That is less than Nigeria and/or Mozambique. In addition, the whole of the African continent is experiencing economic challenges, said the World Bank and IMF. These world financial and economic … [Read more...] about Going against the tide
Top empowered Job Creation Award
The Coega Development Corporation (CDC) is yet again in the running for an Oliver Empowerment Award for the third consecutive time. The prestigious event will be hosted at Emperors Palace in Johannesburg on the 14th of April 2016. The leading catalyst championing socio-economic development will be attending the 15th Annual Oliver Empowerment Awards as a finalist for the Top Empowered: Vision 2030 Award and the Top Empowered: Job Creation Award. In addition, the CDC is in line to receive the … [Read more...] about Top empowered Job Creation Award
Provincial Budget Speech Commentary from the CDC
Following from the Minister of Finance budget speech on the 24th of February 2016, the CDC expected MEC Sakhumzi Somyo to walk a tight rope in tabling his budget speech given the austerity measures to reduce government expenditure. "The provincial government plays an important role in stimulating the EC local economy, especially through the budget expenditure. This year's provincial budget, delivered by the MEC Somyo on 4 March 2016, highlighted a number of important strategic deliverables … [Read more...] about Provincial Budget Speech Commentary from the CDC
CDC Celebrates Top 50 award
The Coega Industrial Development (IDZ) Zone has been recognised and awarded as one of the top 50 companies in the Nelson Mandela Bay (NMB). The CDC received the esteemed award from the Executive Mayor of the City of the Nelson Mandela Bay (NMB) – Dr Danny Jordaan, at the Business Breakfast Awards held in Newton Park Port Elizabeth today (3 March 2016). Christopher Mashigo, CDC Executive Manager Business Development, who received the award on behalf of CDC said, "we are immensely proud of … [Read more...] about CDC Celebrates Top 50 award
40 years of SA’s resilience
South Africa (SA), in the year 2015 saw unprecedented socio and political activities, mainly attributed to a generation described as the ‘lost generation' or ‘post-democracy babies'. The introduction of the #FeesMustFall movement made 2015 an unforgettable year for many South Africans, both young and old. It reinvigorated the debate on the value of education and its' role in a socio-political environment marginalised by the imbalances of the past. In the midst of all this one may … [Read more...] about 40 years of SA’s resilience
SMMEs taking advantage of Coega opportunities
Small and emerging contractors across the Eastern Cape are taking advantage of opportunities to establish themselves created by the Coega Development Corporation (CDC). "From the very first time contractors moved on site there has been a strong emphasis on creating opportunities for small businesses," says Dr Ayanda Vilakazi, Head of CDC Marketing and Communications. At present a minimum of 35 per cent of the value of two of the current projects in the Coega Industrial Development Zone … [Read more...] about SMMEs taking advantage of Coega opportunities
Military exercise highlights opportunities
The Armed Forces Day celebrations being hosted in Nelson Mandela Bay help highlight the opportunities for local businesses and investors, according to Sadick Davids, Coega Development Corporation (CDC) Business Development Manager: Metals. "Nelson Mandela Bay has most of the infrastructure and capacity in place to become the African hub for the maintenance, upgrading and manufacturing of military vehicles and equipment. "As we first saw with Exercise Shared Accord in 2013 the port and road … [Read more...] about Military exercise highlights opportunities
Before and After – James Ndulala, Uitenhage
Investment in the skills and systems which built the first phase of the Coega Industrial Development Zone are now helping to upgrade and construct schools across the Eastern Cape. Projects totalling more than R1.0 billion for infrastructure facilities to 71 schools throughout the province are being managed by the Coega Development Corporation (CDC) on behalf of the Eastern Cape Department of Education (DOE), according to Dr Ayanda Vilakazi, CDC Head of Marketing and Communications. The CDC … [Read more...] about Before and After – James Ndulala, Uitenhage
Coega in the news
Coega unveils plans for Cargo Airport construction: Coega Development Corporation says that the corporation "is perfectly endowed with skills, resources and world class infrastructure at the neighbouring deep seawater Port of Ngqura, to be part of the global commercial aircraft manufacturing industry. Coega Development Corporation - Read more on SA Commercial Prop News Pique over Coega's peak power plant: After a decade of stop-start development, the independent Dedisa peaking power plant in … [Read more...] about Coega in the news
Military exercise highlights business opportunities
The Armed Forces Day celebrations being hosted in Nelson Mandela Bay help highlight the opportunities for local businesses and investors, according to Sadick Davids, Coega Development Corporation (CDC) Business Development Manager: Metals. "Nelson Mandela Bay has most of the infrastructure and capacity in place to become the African hub for the maintenance, upgrading and manufacturing of military vehicles and equipment. "As we first saw with Exercise Shared Accord in 2013 the port and road … [Read more...] about Military exercise highlights business opportunities
What Coega expects from the SONA 2016 address
The CDC, one of the leading Industrial Development Zones / Special Economic Zones in South Africa (SA) and African continent looks forward to the State of the Nation Address (SONA) 2016. "The CDC is optimistic; our anticipation of the President's speech is pinned on our eagerness in hearing progress on projects like the Oil Refinery (Mthombo) and other major game changer projects announced at last year's SONA address," said Dr Ayanda Vilakazi, CDC unit head marketing and … [Read more...] about What Coega expects from the SONA 2016 address
Global commodities slump provides opportunity for beneficiation
If one takes a conventional and - dare I say it - colonial viewpoint on the prospects for a commodity producer like South Africa then the signs aren't good. Bringing home the seriousness of the challenge facing the country is the announcement on Monday, February 1 by Kumba Iron Ore that it would be laying off over four thousand workers and contractors. Other mines will be under pressure - World Bank analysts expect prices for 37 of the 46 commodities the bank monitors to fall in … [Read more...] about Global commodities slump provides opportunity for beneficiation
CDC’s Economic Outlook for the year 2016 and Project Mthombo
Following up on a successful year in 2015, the Coega Development Corporation (CDC) is poised to reach its performance targets for the FY2015/16. "Last year can best be described as the year CDC showed its true character. We faced some steep challenges but through it all managed to come out tops," said Dr Ayanda Vilakazi, CDC Head of Marketing & Communications. The year 2015 saw CDC recording yet another successful milestone by making history and signing 19 investors during the 2014/15 … [Read more...] about CDC’s Economic Outlook for the year 2016 and Project Mthombo
Offering world-class ICT and research services to investors
The Coega Development Corporation (CDC), operators of the leading Industrial Development Zone (IDZ) in the country, provides current and potential investors with strategic solutions that include a world class suite of Information and Communications Technology (ICT) as well as Research Unit (RU) services. The CDC's attractive ICT and RU units have proven to be resilient in meeting the needs of an ever-changing business environment. "Since the establishment of the Research Unit in 2008 … [Read more...] about Offering world-class ICT and research services to investors
