The Coega Industrial Development Zone is the 11,000 hectare industrial park, located in Nelson Mandela Bay, the economic hub of the Eastern Cape.
Already 21 investors whose investments total R1,2
billion have located to the province. Their sectors range from automotive, agro-processing, logistics and metal beneficiation, amongst others. Currently, the investment pipeline stands at R7.5 billion.
Coega is being positioned as the African industrial development zone of choice for companies of all sizes wanting to establish a firm foundation for expansion into the African, southern hemisphere and world markets.
Designed for all levels of manufacturing
Coega has purposed-designed zones which cater for all levels of manufacturing, ranging from Tier 1 beneficiation through to assembly and logistics. It is supported by a business process outsourcing park, customs secure areas and shared facilities which help manage and contain operators’ costs.
Situated on the African east coast, two hours steaming from the main southern hemisphere shipping lanes and with a fully integrated deep-water port, Coega gives companies a competitive edge in the increasingly competitive global environment.
Coega is in close proximity to Nelson Mandela Bay (Port Elizabeth) which offers a great coastal lifestyle, international standard medical and educational facilities that attract and retain key skills.
Port of Ngqura
The Coega Project has two integrated components, the land side being the IDZ and de facto the back of port area and the new deepwater Port of Ngqura. The CDC is responsible for the landside infrastructure, while the modern deep-water port facility is the responsibility of Transnet National Ports Authority (“TNPA”), a division of Transnet Limited.
Nelson Mandela Bay Logistics Park
In addition, since 2008, the CDC has been responsible for developing and operating the Nelson Mandela Bay Logistics Park (NMBLP) with the full agreement of the Nelson Mandela Bay Municipality and provincial government. As an important contribution to the developmental state, Coega is also involved in the programme and project management of Eastern Cape provincial infrastructure projects such as the construction of roads, hospitals, schools, museums, recreational facilities, for example.
Currently, the Coega IDZ contributes an estimated 5.9% to the provincial gross domestic product (GDP) and 0.5% to the national GDP.