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Investment projects worth over R1bn ready for Coega IDZ

From April 2017, says the Coega Development Corporation (CDC), investment projects worth over R1bn are ready for implementation in the its industrial development zone (IDZ).

7 Apr 2017

Coega IDZ

Coega IDZ

“The metals and manufacturing industrial sector of the Coega IDZ will soon roll out three investment projects, with the first project’s site handover planned for April 2017,” says Sadick Davids, CDC business development manager - metal and manufacturing.

The following are the three investment projects currently in the process of implementation:

a R650m manufacturing cement grinding plant,
a R71m ready mix concrete plant, and
a R350m gas cylinder plant.

The investment projects are said to accumulatively see over 401 direct jobs created and 2472 construction jobs.

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