South African Industrial Development Zone Programme
Coega Industrial Development Zone
The Coega Industrial Development Zone (IDZ) is one of the two IDZs in the Eastern Cape Province and is located in the Nelson Mandela Bay Municipality in Port Elizabeth. Coega IDZ is managed by the Coega Development Corporation (Pty) Ltd, which was incorporated in 1999 and is wholly owned by the Eastern Cape Development Corporation on behalf of the Eastern Cape Province. The IDZ covers 11 000ha of industrial land located adjacent to the new deep-water port of Ngqura, which started to receive commercial vessels in the fourth quarter of 2009 and became fully operational in April 2010.
The key sectoral focus at Coega IDZ is automotive, agro-processing, chemicals, general manufacturing, business processing and outsourcing, and energy. The Coega Development Corporation has to date signed 26 local and foreign investors to the value of R31.2-billion, including the Coega Aluminium Smelter. Fourteen of these investors are
already operating in the IDZ and in the Nelson Mandela Bay Logistics Park (NMBLP), have a total investment value of R325-million and have created 1 193 direct job opportunities. The NMBLP is a specialist automotive supplier park located in Uitenhage, primarily to service the VW production facility.
Coega IDZ has, since inception, received a grant of R4.2-billion from the Department of Trade and Industry (the dti) for the development of infrastructure within the zone.
East London Industrial Development Zone
The East London IDZ (ELIDZ) is located in the Buffalo City Municipality in East London. It was designated in 2002 and covers an area of 430ha.
The Eastern Cape Development Corporation (ECDC) has a 76% ownership on behalf of the Eastern Cape Province while Buffalo City Municipality has a 24% ownership. The ELIDZ aims ‘to bring economic growth to the region and beyond by offering investors a globally competitive combination
of geographic position, infrastructure, services and labour’. Key sectors in the ELIDZ are automotive, marine aquaculture, agro-processing of biofuels, food, timber processing, pharmaceuticals, ICT, electronics and business process outsourcing and offshoring (BPO&O).
The ELIDZ has an Automotive Supplier Park with Mercedes-Benz South Africa as one the investors located there. There are currently 23 investors with an investment worth R1.1-billion operating in the IDZ and collectively they have created 1 239 direct jobs. An amount R1.1-billion was granted to the ELIDZ by the dti for infrastructure development projects in the zone.
www.thedti.gov.za