COEGA Development Corporation (CDC)
|Postal||Private Bag X6009, Port Elizabeth, 6000|
|Physical||Cnr Alcyon Road & Zibuko Street, Zone 1, Coega IDZ, Port Elizabeth, 6100|
|Tel||041 403 0400|
OverviewThe Coega Development Corporation (CDC) is a global award-winning state-owned company (SOC), mandated to develop and operate the 11 500ha Coega Special Economic Zone (SEZ) in terms of the SEZ Act 16 of 2014. 'Coega', as it is commonly referred to, was established in 1999, with its headquarters located in the Nelson Mandela Bay Metropol in the Eastern Cape Province, the home of legends, including the late statesman, Nelson Rolihlahla Mandela.
Coega’s vision is to be the leading catalyst for championing socio-economic development in South Africa through providing a competitive investment location, facilitating holistic infrastructure, and value-adding commercial business solutions. Coega’s main product offering is comprised of the Coega SEZ, Commercial Business Solutions and Project Management Services (including infrastructure development and facilities management).
The Coega SEZ is the leading prime industrial zone in Africa and the preferred investment destination for local and international companies seeking a gateway to world markets, particularly on the African continent. Currently, Coega has 40 operational investors, with an investment value of R6,996 billion. In line with its mandate, the CDC achieved 102 794 jobs and trained 77 331 people since inception in 1999. Investors at Coega include the R3,5 billion 342MW Dedisa Peaking Power Plant and the R11 billion BAIC SA’s Vehicle Manufacturing Plant, located in the Energy and Logistics Sectors, respectively.
The Coega SEZ is specifically designed along the cluster model, linking related industries and their supply chains in close proximity to one another to maximise efficiency and minimise turnaround times. The SEZ is ISO certified in many areas, demarcated into 14 business zones, which include, among others, commercial and logistics, automotive and auto components, metals and metallurgy, chemicals and energy, and agro-processing.
CDC is an implementing agent (IA) for government departments, utilising its expertise in infrastructure development and facilities management to provide project management and supply chain management capacity in order to fast-track the implementation of the country’s infrastructure development programme. Some of the government departments assisted in this area include the: EC and KZN Departments of Basic Education, National Department of Public Works, EC Department of Health and National Department of Education, to name but a few.