Name and Location
Coega industrial development zone (IDZ), Eastern Cape, South Africa.
Client
Coega Development Corporation (CDC).
Project Description
The project is a multibillion-rand initiative, comprising an IDZ and a deep-water port at Port Elizabeth.
The initiative aims to position South Africa as a platform for global manufacturing and export through foreign and local investments.
Value
The IDZ has an overall pipeline of projects valued at about R140-billion.
Duration
Phased development of about 30 to 50 years.
Latest Developments
The CDC has reported that construction is booming in the IDZ.
The construction of the R130-mllion Vector Logistics facility is expected to be completed in May this year.
Other projects expected to be completed in 2015 include Afrox’s air separation unit (R300-million), which is expected to be commissioned next month, the R3.5-billion Dedisa peaking power plant, the R53-million construction of ID Logistics and Digistics Logistics expansion, valued at R32-million.
Key Contracts and Suppliers
Operational investors as at June 2014, at the Coega IDZ:
Bosun Bricks, Dynamic Commodities, UTI Couriers, Cerebos, PE Cold Storage, Digistics, Electrawinds, General Motors Part and Accessories Distribution Centre, Cape Concentrates, Coega Dairy/Coega Cheese, APM Terminals, Discovery Holdings, Famous Brands, National Tooling Initiative, DCD Wind Towers and Agni Steels.
Nelson Mandela Bay Logistics Park (NMBLP), as at June 2014:
Faurecia, Rehau, Grupo Antolin, Benteler, Inergy, Hella, MSC (SA) and QPlas.
Investors about to become operational, as at June 2014:
First Automobile Works, Powerway and ITPSA.
Investors under construction, as at June 2014:
Air Products; Dedisa Peaking Power Plant; Afrox; Vector Logistics, UTI Extension and Digistics Extension.
Investors completing an Environmental Impact Assessment (EIA), as at June 2014:
AfriSam, AMG, OSHO Cement, First-in-Spec Biofuels and Phyto-Energy.
On Budget and on Time?
Yes.
Contact Details for Project Information
CDC head of marketing and communications Ayanda Vilakazi, tel +27 41 403 0400, fax +27 41 403 0401 or email Ayanda.Vilakazi@coega.co.za.