Port Elizabeth, 02 September 2019: The Coega Development Corporation (CDC) announced today that it is making inroads in the skills development capacity of youth within the Eastern Cape (EC) province. “The Coega Development Foundation (CDF), established by the Coega Development Corporation (CDC) has since its birth strived to become a people empowerment centre of excellence through education, skills development and ancillary services,” says Mzoxolo Dube, Head of Coega Development … [Read more...] about Paving the way for Eastern Cape youth through skills development
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A Pillar of Hope for Young Girls in the Eastern Cape
Port Elizabeth, 29 August 2019: The Coega Development Corporation (CDC) announced today it donated more than 1000 packs of sanitary wear to Hillside Technical School and Booysens Park High school in the Northern Areas of Port Elizabeth (PE). These efforts form part of women’s month celebrations, the Coega Development Foundation (CDF), an NPO established by the Coega Development Corporation (CDC), reached out to young girls’ in PE - Northern Areas - schools by donating sanitary wear, as an … [Read more...] about A Pillar of Hope for Young Girls in the Eastern Cape
Sowing seeds of success
The CDC (Coega Development Corporation) has received a Merit Award for Major Accomplishments under the Best Provider of Service to Exporters category at the 2019 Exporters Club Awards. This is at the back of an earlier achievement this year, where the CDC won South Africa’s Investor of the Year Award at the South African Premier Business Awards as well as the Top Employer in SA under the Public Sector Category. Highlighting the importance of receiving the award, Dr. Ayanda … [Read more...] about Sowing seeds of success
Coega favoured as investments flow in – Port Elizabeth Business News
Coega favoured as investments flow in: Coega in Port Elizabeth is riding the investment wave. The SEZ, which is operated by the Coega Development Corporation, has secured an additional 18 new investments valued at R2.6 billion ... Source: "Port Elizabeth" business - BingNews. Eastern Cape MEC sees gaming as a source of revenue for the province: gaming could lead to an increase in the revenue base of the province,” Mvoko said while speaking at the 15th Gaming Regulators Africa Forum taking … [Read more...] about Coega favoured as investments flow in – Port Elizabeth Business News
Could Cannabis Processing Eclipse the R2,6 billion New Investments in Coega SEZ?
The Coega Development Corporation (CDC), operator of the Coega Special Economic Zone (SEZ) in Nelson Mandela Bay, announced today that it has secured an additional 18 new investors in the 2018/19 financial year (FY). The 18 new investors signed amounted to R2,6 billion in investments against a target of R693 million for the 2018/19 FY. New signed investments committed to Coega’s aquaculture development zone represented the largest share of investments signed in the 2018/19 FY following an … [Read more...] about Could Cannabis Processing Eclipse the R2,6 billion New Investments in Coega SEZ?
Commemorating Moral Regeneration Month
The month of July is recognised as the Moral Regeneration month, an initiative which aims to encourage people to recommit to the efforts of building communities grounded on positive values and rededicate to building a caring society in pursuit of creating lasting peace and prosperity in the country. Organisational core values are what supports the vision, shape the culture and reflects on what the company values. The Coega Development Corporation (CDC) prioritizes its values as a driver … [Read more...] about Commemorating Moral Regeneration Month
Implementing Liquefied Natural Gas with Coega as the Hub
Port Elizabeth, 15 July 2019 – The Coega Development Corporation (CDC) announced it has welcomed the budget vote speech delivered by the Minister of Mineral Resources and Energy, Mr. Gwede Mantashe. In particular, the CDC welcomed the Minister’s outlook on “exploring more economical options to bring natural gas into the South African market.” In 2008, the Department of Energy identified the Coega Special Economic Zone (SEZ) as one of the preferred locations for the gas to power project - … [Read more...] about Implementing Liquefied Natural Gas with Coega as the Hub
Coega nominated as a finalist
Coega Development Corporation is waiting eagerly to win a prestigious award this year at the Future of HR awards. In just a week, the Future of HR Awards will be celebrating South African organisations that have demonstrated agility in the workplace and who are high-performance pioneers, highlighting their achievements for local and international business. This year, the awards ceremony would be held at the Sandton Convention Centre, north of Johannesburg, on the 13th of June 2019. For three … [Read more...] about Coega nominated as a finalist
CDC Keen to Work with MEC
The Coega Development Corporation (CDC) welcomes the appointment of the Eastern Cape Executive Council and in particular the appointment of the Honorable Member of the Executive Council (MEC), Mr Mlungisi Mvoko, to the portfolio of Finance, Economic Development, Environmental Affairs and Tourism (DEDEAT), as the CDC’s Executive Authority. “As the CDC, we look forward to working with the MEC. We certainly wish him all the best during his tenure; he can be rest assured of our commitment as we … [Read more...] about CDC Keen to Work with MEC
Eastern Cape poised for exciting Energy Developments
The Eastern Cape (EC) Province is emerging as an energy hub, reflective of South Africa’s (SA) approach to a diversified energy mix. South Africa’s sunshine coast has prioritized unlocking the Oceans Economy through advancing the Oil and Gas (O&G) opportunities in the province. Marking the 19th annual African Utility Week, which will take place in Cape Town from 14 – 16 May 2019. The EC province will play a pivotal role in highlighting the potential of the province and its progress from an … [Read more...] about Eastern Cape poised for exciting Energy Developments
Pop Quizz – Which PE business is a Global Case Study by the World Bank?
The Coega SEZ has been hailed as the country’s success story at the inaugural SA SEZ/IDZ Conference in Durban as Coega is highlighted as the model for best practice in South Africa and the African continent. The Department of Trade and Industry (the dti) today launched the inaugural South African Special Economic and Industrial Development Zones (SEZ) Conference in Durban under the theme Moving Towards Excellence, which aims to provide a platform for both national & international … [Read more...] about Pop Quizz – Which PE business is a Global Case Study by the World Bank?
Investor of the Year
The Coega Development Corporation (CDC) walked away with the prestigious Investor of the Year Award, at the 6th Annual SA Premier Business Awards. “We are delighted to have won such a prestigious award. It’s a validation of the hard work we put in consistently to attract & retain investors at the Coega Special Economic Zone (SEZ),” says Dr. Ayanda Vilakazi, CDC unit head brand, marketing & communications. The category won by the CDC seeks to encourage the expansion of investment into the … [Read more...] about Investor of the Year
Coega commentary on the 2019 SoNA
The Coega Development Corporation has commented on the speech delivered by the President of the Republic of South Africa, Hon. Cyril Ramaphosa. The Coega Development Corporation (CDC) appreciates the compelling R70 billion worth of Foreign Direct Investment (FDI) inflow achieved by the government within the first three quarters of 2018. The CDC`s intensive commitment to exploring strategic opportunities to strengthen the South African economic climate has yielded a R7 billion boost in FDI … [Read more...] about Coega commentary on the 2019 SoNA
A springboard to the rest of Africa
With Asia being the largest recipient of Foreign Direct Investment (FDI) flows in the world, Africa has also seen a significant growth in FDI inflows. United Nations Investment Trends Monitor (UNCTAD) demonstrates a resilient FDI flow to developing economies. The report highlights a 3% increase in FDI flow to developing economies, with Africa having registered modest increase of 6% in 2018 (US$40 billion, up from revised US$38 billion in 2017). The report further tracks South Africa steep … [Read more...] about A springboard to the rest of Africa
First African 500 MW PV Cell Plant …. in Coega
Seraphim Solar System Co. Ltd. ("Seraphim"), a world-class solar product manufacturer, recently announced the inauguration of a new 500 MW solar cell factory in the Coega Industrial Development Zone of Port Elizabeth, South Africa, along with 200MW half-cell module assembly expansion in Eastern Cape. This new cell factory will be the first in the African continent. This is another step forward for Seraphim's goal of expanding global production capacity, previously opening a 300 MW module … [Read more...] about First African 500 MW PV Cell Plant …. in Coega











