The Coega Development Corporation (CDC) Friday (subs: 30 January 2015) announced the installation of solar panels at its headquarters in the Coega Industrial Development Zone (IDZ) in Nelson Mandela Bay. The installation forms part of the organisation's deep commitment to alternative energy sources such as renewable energy, in order to save on electricity, as well as environmental stewardship and an ongoing drive to management innovation. "The solar panels will supply 48kW (approximately … [Read more...] about CDC first IDZ to install Solar Panels in South Africa
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Coega’s Industrial sculpture
A feat of engineering excellence, the Eastern Cape's first operational air separation unit (ASU) was unveiled by Air Products South Africa in the Coega Industrial Development Zone (IDZ) during November 2014. The Coega Development Corporation's (CDC) Business Development Executive Manager, Christopher Mashigo, dubbed the R300-million facility, with its towering 32 metre cold box housing the cryogenic distillation columns, an "industrial sculpture". The arrival of the 56 tonne cold box on site … [Read more...] about Coega’s Industrial sculpture
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
Maximising Blue Gold
With thousands of kilometres of coastline, South Africa is in a prime position to maximise on its 'blue gold', but none so much as the Eastern Cape with two major port cities and two established industrial development zones (IDZ's) enabling Nelson Mandela Bay and East London to become leading hubs of maritime economic activity. The two industrial manufacturing coastal centres - with first-world components and fully serviced sites - hold several strategic competitive advantages for flagship … [Read more...] about Maximising Blue Gold
Coega on fire
Despite global economic challenges and slower growth, the Coega Development Corporation (CDC) has had a "significant and good year," the company said today. In 2014, four major Coega IDZ investors completed construction of their new plants and became operational. DCD Wind Towers launched its R300-million, 23 000m² wind tower manufacturing facility in March this year in Zone 3 while Agni Steels launched a R400-million smelter facility in May in Zone 6. President Jacob Zuma attended the … [Read more...] about Coega on fire
PE’s R4-billion construction boom
The Coega Development Corporation (CDC) announced today that several construction projects in the Coega Industrial Development Zone (IDZ), collectively worth R4-billion, are on track and will reach completion before the second quarter of the 2015/16 financial year. About 2400 people are currently employed at the IDZ and Port at present, 70% of which are Nelson Mandela Bay-based residents. "The construction boom is a clear sign of positive business growth and investor confidence in the … [Read more...] about PE’s R4-billion construction boom
Celebrating Disabilities
The Coega Development Corporation (CDC), through its corporate social investment (CSI) programmes, continues to lead the way in celebrating and observing the rights of people with disabilities, a feat the organisation celebrated today as international day of persons with disabilities. As one of the CDC's flagship programmes - dedicated to empowering people living with disabilities - it has made substantive headway in improving the socio-economic status of hundreds of disabled people. "Our … [Read more...] about Celebrating Disabilities
NMBT raises concerns over Fish Farm
After extensive consultations and research Nelson Mandela Bay Tourism has found reason to be concerned with the proposed location of the Algoa Bay Sea Based Aquaculture Development Zone (ADZ). Whilst all concerned understand the value and need for the fish farm in the future with regards to job creation, aquaculture projects as well as diminishing resources, the concern remains that the current location will have an immediate and potentially disastrous negative impact on the tourism … [Read more...] about NMBT raises concerns over Fish Farm
SA’s Top Medium Organisation with a High Environmental Impact
The Coega Development Corporation (CDC) and Port of Ngqura jointly received a Gold Award for ‘Medium Organisation with a High Environmental Impact' in the acclaimed Top Green Organisation Awards ceremony held last week at Hemmingways Hotel in East London The competition was coordinated and sponsored by the Eastern Cape Development Corporation (ECDC), Department of Economic Development, Environmental Affairs and Tourism (DEDEAT) in partnership with the Institute of Waste Management of Southern … [Read more...] about SA’s Top Medium Organisation with a High Environmental Impact
Proudly African IDZ first with double digit investment in one year
The Coega Development Corporation (CDC), operator of the Coega Industrial Development Zone (IDZ) and the leader in stimulating socio-economic growth in South Africa, today released "ground-breaking" key performance highlights from its 2013/14 financial year (FY) integrated annual report. Coega will be the first IDZ in Africa to achieve 30 operational investors by end of Financial Year 2014/15 within an 8 year period and has recorded the following highlights: R 1,84 billion (US$164 … [Read more...] about Proudly African IDZ first with double digit investment in one year
BEECIP hits the right note
The Coega Development Corporation (CDC) announced last week that it has handed over certificates to 200 Small Macro Medium Enterprises (SMMEs) who took part in the Black Economic Empowerment Competitiveness Improvement Programme (BEECIP). An initiative identified as a game changer in improving competitive levels of SMMEs. The programme is premised on accelerating transformation in various sectors where SMMEs operate. "Interest shown by SMMEs has convinced us that the programme is geared in … [Read more...] about BEECIP hits the right note
SA’s Top Young Business Executive
The Coega Development Corporation (CDC) today announced that in addition to winning the Infrastructure Development and Top Performing Public Service awards, CDC's head of marketing and communications, Dr Ayanda Vilakazi, was named the country's Top Executive of the Year (under forty). The Top Young Executive of the Year Award under 40 years category highlighted the outstanding achievement of a young executive who has contributed immensely to the positive success, sustainability, and … [Read more...] about SA’s Top Young Business Executive
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
‘Industrial Sculpture’ ensures regional security of supply
Air Products South Africa today unveiled its R300-million Eastern Cape air separation unit (ASU) in the Coega Industrial Development Zone (IDZ), declaring that it had delivered on its promise to be the first industrial gas company to supply the Eastern Cape from the newly constructed and commissioned ASU. The state-of-the-art, energy-efficient facility is the first of its kind to be commissioned in the Eastern Cape and is the sixteenth ASU to be commissioned countrywide by Air Products South … [Read more...] about ‘Industrial Sculpture’ ensures regional security of supply
Matatiele youth benefit from Coega driving programme
The Coega Development Corporation (CDC) launched its flagship driver training programme together with driver simulator infrastructure at Matatiele Local Municipality last week. The driver training programme is an extension of the organisation's corporate social investment (CSI) initiative which seeks to up skill youth between the ages of 18-35 years who are unemployed as well as people with disabilities. "The programme, over the years, has contributed immensely driving youth employment … [Read more...] about Matatiele youth benefit from Coega driving programme
