The Coega Development Corporation (CDC) has upped its water conservation efforts in a bid to tackle the water crisis as it reaches dire straits in the Nelson Mandela Bay Metro. Earlier this year, the CDC had reported on their water wise garden which boasts a range of succulents such as Portulacaria afra (“spekboom”), Gasteria bicolor (“beestong”) and Euphorbia clava, cycads, including other aloe species which are known to be drought tolerant. The garden which is self-sustainable through the … [Read more...] about CDC implements further water conservation measures to combat the worsening water crisis
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Coega puts East Cape on the map with global investment attractions
Eastern Cape Premier, Hon. Phumulo Masualle, and the Governor of Zhejiang Province in the People’s Republic of China, Honorable Che Jun were hosted by the CDC for a presentation on the special features the SEZ has to offer to its foreign investors, held on Friday the 15th of June 2018. This was followed by visits to Port of Ngqura and the Chinese owned First Automotive Works (FAW) & Beijing Automotive International Corporation (BAIC) plants located at the Coega Special Economic Zone. … [Read more...] about Coega puts East Cape on the map with global investment attractions
Coega bags its fifth nomination for the year
The Coega Development Corporation (CDC) has recently been nominated for the Vision 2030 Infrastructure Development Award taking place on the 21st of June 2018 at Emperors Palace in Johannesburg. The CDC’s nomination is the fifth since the beginning of the year in various prestigious awards including the South African Premier Business Awards – Investor of the Year, Oliver Top Empowerment Awards- Business of the Year, 2018 Absa Supplier Development Award – Innovation as Leaders in Job Creation … [Read more...] about Coega bags its fifth nomination for the year
Hougham Park Farmhouse Vandals Nabbed
The CDC announced today that it has apprehended three culprits responsible for carrying out acts of vandalism at the historic farmhouse. The culprits, who have been handed over to the police are expected to appear at the Motherwell Magistrate Court today. “The CDC would like to commend the swift work by the CDC security personnel and SAPS in apprehending the suspects,” says Dr Ayanda Vilakazi, Unit Head: Marketing, Brand and Communications Following the vandalism incident that occurred … [Read more...] about Hougham Park Farmhouse Vandals Nabbed
Port of Ngqura welcomes regular visitor
The Port of Ngqura welcomed the container vessel, MV Seaspan Felixstowe, on her first call to the port on Saturday evening, 9 June 2018. Bringing new business to the Eastern Cape, she is scheduled to visit the port on a weekly basis – entering the port every Saturday and leaving it again every Sunday. With her country of registry being Hong Kong, the vessel will be sailing from the Port of Durban to the Port of Ngqura on her way to Tianjin in China. At this stage she will be importing 300 … [Read more...] about Port of Ngqura welcomes regular visitor
Coega – SA’s 1 in 3 500
The Coega Special Economic Zone (SEZ), located in the Nelson Mandela Bay Municipality, has been selected as one of seven examples of success out of thousands of SEZs around the world, in a World Bank-financed research study into what makes economic zones successful. By current estimates, there are approximately 3 500 SEZs in more than 130 countries worldwide, employing more than 60 million people, according to the World Bank. In its recently released report, “Special Economic Zones- An … [Read more...] about Coega – SA’s 1 in 3 500
R600 million investment at Coega SEZ bearing fruits
First Automotive Works, also known as FAW, has moved three places up the rank from fifth to a top two position behind the Volvo group. The fortune 500 company with a truck assembly plant worth six hundred million (R600 mill) located at the Coega Special Economic Zone (SEZ) spent the greater part of 2017 raving up its export numbers to two hundred and twelve (212) units. “Nothing gives us greater pleasure than to see the extent of success that accumulates with investments located at the … [Read more...] about R600 million investment at Coega SEZ bearing fruits
Coega identified as one of two sites to benefit from Gas to Power Programme
The Coega Development Corporation (CDC) was highlighted yesterday as one of two sites to benefit from the Gas to Power Programme. Jeff Radebe, in his maiden budget speech as Minister of Energy, highlighted the importance of the Energy mix to enable economic growth. “No industrial power can exist without developing its energy apparatus, in general, and expanding its electrification program, in particular,” says Jeff Radebe, Minister of Energy. The CDC, allocated a 1000MW gas to power plant … [Read more...] about Coega identified as one of two sites to benefit from Gas to Power Programme
Foreign investors attracted to SEZs with infrastructure and support
Foreign investors will put down roots in South Africa where there is appropriate infrastructure, support and incentives, says Dr Ayanda Vilakazi, Head of Marketing and Communications at the Coega Development Corporation (CDC). He was responding to the R1,2 trillion investment drive being spearheaded by President Cyril Ramaphosa. “Fortunately, the Coega story is well known to at least two of President Ramaphosa’s ‘special envoys on investment’. “Both former minister of finance Trevor … [Read more...] about Foreign investors attracted to SEZs with infrastructure and support
Flying the Eastern Cape flag high
The Coega Development Corporation (CDC) has been nominated as a finalist in the inaugural 2018 Absa Business Day Supplier Development Awards, soon to take place in Parktown, Johannesburg, on 23 May 2018. The CDC, situated in the Eastern Cape, has consistently been flying the flag high for the province of the Eastern Cape despite the tough economic conditions faced by the country; with three (3) prestigious awards nominations in a short period of five (5) months, since the start of this year. … [Read more...] about Flying the Eastern Cape flag high
Coega places its footprint across Africa
The Coega Development Corporation (CDC) is an African public sector organization which has an African footprint as well as extensive experience in providing African solutions to African problems and challenges. The organization seeks to intensify its business outreach efforts by going beyond the borders of South Africa. It has pervasive capabilities within Project Management, Engineering, Procurement, Construction, ICT and Facilities as well as effective localization solutions. The CDC, an … [Read more...] about Coega places its footprint across Africa
Coega SEZ nominated for international award
The Coega Development Corporation (CDC) announced today, it has been nominated for yet another international accolade at the African Infrastructure Project Developers Awards 2018 taking place on 18 June 2018 at the St Regis Hotel, Le Mourne in Mauritius, said Dr Ayanda Vilakazi, CDC unit head Marketing, Brand and Communications. No other SEZ in South Africa has previously made it on the shortlist of the prestigious awards. The nomination of the CDC sees it pitted against the best in both … [Read more...] about Coega SEZ nominated for international award
Coega welcomes appointment of special investment envoy
The Coega Development Corporation (CDC) welcomes the appointment of the investment envoy introduced by the President of the Republic of South Africa, Cyril Ramaphosa, in a bid to generate at least $100 billion in new investment over the next five years. The president’s investment envoy consists of the former Finance Minister Trevor Manuel, former Finance Deputy Minister Mcebisi Jonas, the executive chairperson of Afropulse Group, Phumzile Langeni and the chairman of Liberty Group and former … [Read more...] about Coega welcomes appointment of special investment envoy
Coega welcomes signing of IPP contracts
The Coega Development Corporation (CDC) welcomes government’s commitment to clean energy, which forms part of the broadened South African energy mix. The announcement by the Department of Energy follows the signing of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) contracts from Bid Windows 3.5 and 4, worth fifty six billion rands (R56 bn) by Minister Jeff Radebe on Wednesday. Cumulatively, the twenty-seven (27) projects are expected to add 2 300 MW of … [Read more...] about Coega welcomes signing of IPP contracts
New Customs Control Area for Coega
The state of the art Customs Control Area (CCA) located in Zone 1 of the Coega Special Economic Zone (SEZ) has become an attractive feature. The recently finished CCA will commence with operations on 1 June 2018 . The CCA enables a suite of incentives for businesses located in Zone 1 & 2 of the SEZ, with some of the incentives comprising of customs duty and VAT as well as offer a one stop service. During construction of the CCA building hundred and fifty eight (158) construction jobs were … [Read more...] about New Customs Control Area for Coega
