Nelson Mandela Bay Executive Mayor Dr Danny Jordaan and Coega Development Corporation (CDC) chief executive Pepi Silinga will, together with their technical teams, be fast tracking game changer projects.
These projects, located in the Coega Industrial Development Zone (IDZ), have the potential to dramatically transform the economy of the metro and province.
The decision to work together was reached during a meeting between CDC, Mayor Jordaan and senior municipal officials on Thursday, 15 October, at a presentation that highlighted the key performances of the Coega IDZ and its projects.
“This has been a rewarding visit for us. We will continue engagement with Coega leadership and will continue to support their initiatives,” said Mayor Jordaan.
“In the 2015 to 2017 horizon, the Coega IDZ will implement industrial projects, valued at R4.7-billion, in priority sectors like agro-processing, polymer conversion, business services and automotive component manufacturing ,” said Christopher Mashigo, CDC Business Development Executive Manager.
He said beyond these, the Coega IDZ is pursuing economic game changers which will significantly transform the economic and social landscape of this Metro and the Eastern Cape include the soon-to-be-implemented relocation of the manganese terminal from the PE Port to Port of Ngqura, maritime related economic activities, the establishment of Coega oil refinery, establishment of the LNG berth and a base-load