The Coega Project - a multi-billion rand industrial development complex and deepwater port 20 kilometres east of the city of Port Elizabeth in the Eastern Cape - could soon become the logistics hub for Southern African trade.
Located on the south-eastern coast of the country, the project is the first, and one of the largest, industrial development zones (IDZs) to be established in South Africa.
The project falls in line with South Africa's vision of becoming a manufacturing centre for the world; President Thabo Mbeki has officially declared Coega a lead project in SA.
The IDZ is already well-serviced by transportation networks, a skilled labour force and utility services. It boasts world-class industrial infrastructure, including inter-modal transportation linkages and cost-effective bulk services.
Coega is located in the Nelson Mandela Metropolitan Municipality and is being developed by the Coega Development Corporation (CDC) on 12 000 hectares of industrial land. Although the CDC is a private company, national and provincial government are the only shareholders.
