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.

Projects in negotiation are valued at R8.1-billion and those in feasibility at R116.3-billion.

Duration
Phased development of about 30 to 50 years.

Latest Developments
In July this year, Air Products South Africa broke ground on its latest capital investment – a first of its kind air-separation unit, in Zone 3 of the Coega IDZ. The project will cost R300-million to implement.

Key Contracts and Suppliers
Operational investors:
Coega IDZ: Bosun Bricks (South Africa); Dynamic Commodities (South Africa); UTI Couriers (South Africa); Cerebos (South Africa); MSC (South Africa); PE Cold Storage (South Africa); Digistics (South Africa); Electrawinds (Belgium); General Motors Part and Accessories Distribution Centre (South Africa/US); Cape Concentrates (South Africa); Universal Wind (Sweden); Coega Dairy/ Coega Cheese (South Africa); AP Moeller (South Africa/Holland); Discovery Holdings (South Africa); Famous Brands (South Africa); NMBLP: Faurecia (France); Rehau (Germany); Grupo Antolin (Spain); Benteler (Germany); Inergy (French); Kuehne and Nagel (Germany) and Hella (Germany).

Investors under construction:
First Automobile Works, or FAW(China); Agni Steels (India); Rehau Expansion (Germany) in NMBLP, and DCD Wind Towers (South Africa).

Investors due to start construction:
Air Products (South Africa).

Investors completing an environmental-impact assessment:
AfriSam (South Africa); AMG (China); Casa Steel (South Africa); OSHO Cement (South Africa); First-in-Spec Biofuels (South Africa) and Phyto-Energy (South Africa).
 

Signed term sheets:
Five companies have signed term sheets and will be announced once the lease agreements have been signed.

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.