State-owned entity Coega Development Corporation (CDC) has unveiled plans to build a tooling cluster in zone 2 of the Coega industrial development zone (IDZ).
The proposed cluster would provide a “pull factor” for tooling investors, with the aim of providing jobs for trainees from the National Tooling Initiative who are already undertaking training at the Coega Training Centre located in the Coega IDZ’s zone 4, CDC head of marketing and communications Ayanda Vilakazi said on Friday.
The tooling incubator would adopt a cluster approach, but it would also focus specifically on attracting recently trained and qualified tradespeople, promoting job creation and sector development.
“The establishment of a tooling cluster incubator is aimed at providing a range of opportunities for tooling companies. For instance, the aim of clustering resources and capabilities will be to allow companies in the cluster to tender on a collective basis to meet the major tooling requirements of original-equipment manufacturers,” Vilakazi said.
Sixteen hectares of zone 2 have been earmarked for the tooling cluster, and a total of 30 ha for expansion. The cluster would also allow for shared security, administration, metrology and other services and infrastructure, knowledge sharing and industry development initiatives.
Vilikazi said the South African tooling industry would wither if it remained under-developed”. “There is no way that any corporation that envisages industrial development as a route to socioeconomic development and growth would pass up an opportunity to nurture and grow the tool-, die- and mould-making industry.”