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|
|Fax||041 403 0401|
OverviewThe Coega Development Corporation (CDC) is the global award-winning state-owned company (SOC) mandated to develop and operate the 9 003ha 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 Metropolitan area 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 South Africa's number one leading prime industrial zone and the preferred investment destination in Africa for local and international companies seeking a gateway to African and world markets. Currently, Coega has 43 operational investors, with an investment value of R7,079 billion. In line with its mandate, the CDC achieved 112 974 jobs and trained more than 96 000 people since its 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 (SKD), which are the two largest investments in the Coega SEZ.
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. There are 14 zones, which include, among others, commercial and logistics; automotive and auto components; chemicals and metallurgical; energy; BPO, agro-processing; maritime; and trade solutions – training and development. The SEZ is ISO certified in Quality, Health and Safety, Environmental, as well as Integrated ICT Management Systems.
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 Education, National Department of Public Works, EC Department of Health and National Department of Basic Education, to name but a few.