The Coega Development Corporation (CDC) is a State Owned Company (SOC) mandated to develop and operate the 11 500 hectares industrial land of the Coega Industrial Development Zone (IDZ), established in 1999 and is adjacent to the modern deep-water port of Ngqura, a transhipment hub facilitating trade with the rest of Africa and providing access to international market. Coega’s vision is to be a catalyst for socio-economic growth in the Eastern Cape and South Africa, providing customised projects solutions, efficiency through experience, and transparent practices.
The Coega IDZ 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 Coega IDZ boasts the following clusters:
• Commercial and logistics
• Automotive and auto components
• Light industry
• Metals and metallurgy
• Agro-processing (aquaculture, food packaging and food processing)
• Mari-culture and coastal
To ensure business sustainability, in 2008 Coega diversified it’s product offering to include the 216 hectare automotive supplier park called Nelson Mandela Bay Logistics Park (NMBLP) in Uitenhage, as well as a range of project management services, including private and public sector minor and mega infrastructure developments. Other main product offering includes:
• Coega Industrial Development Zone (currently with 29 Operating investors with an investment value in excess of R5billion);
• Coega Commercial services – such as recruitment, training, and staff development services for investors in the IDZ through Coega Human Capital Solutions (HCS); leisure and business travel related solutions through Coega Corporate Travel (CCT); and business consulting services providing turnkey solutions through Coega Business Solutions (CBS); and ICT services through Coega Telecom.