Investment injection for Eastern Cape development zone


Four new companies in the maritime, chemicals, healthcare and renewable energy sectors have invested in in the Coega Special Economic Zone (SEZ).

 

“The Coega Development Corporation (CDC) has seen four companies becoming operational over the period January to June 2017,” said Dr Ayanda Vilakazi, CDC head of marketing and communications.

He said the new companies pushed the total number of operational investors at the Coega SEZ to 40 with an investment value of R6.9 billion.

The investors are:

  • National Ship Chandlers, one of the largest ship suppliers in South Africa with resident branches in the four South African ports, namely Cape Town, Port Elizabeth, Durban (head office) and Richards Bay.
  • Medical supply chain solution, Healthcare Hub, has a global footprint with its head offices located in the United States (US).
  • Another player in the renewable energy sector, and part of the Independent Power Producer (IPP) Procurement Programme, Enel Green.
  • Corromaster is a low-cost independent manufacturer of corrugated cardboard packaging.

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