The Coega Development Corporation (CDC) will further support South African government departments that require support on infrastructure development projects.
Public infrastructure development services to public and private sector clients will continue to feature strongly according to CDC’s newly unveiled strategic plan for the next five years. Along with investment promotion to attract foreign and local direct investment South Africa, CDC plans to continue to make a contribution to building South Africa.
“CDC is already managing several public infrastructure construction projects and acts as an implementing agent for several national, regional and local government departments,” he said.
“In our current financial year, the infrastructure development projects, which included work on schools, hospitals and public roads across South Africa with infrastructure development projects in the Coega IDZ was collectively valued at R4 billion.”
According to Dr Ayanda Vilakazi, CDC head of Marketing and Communications, the CDC has been working closely with the Department of Health, the Department of Roads and Public Works, and the Department of Education for several years and plans to partner with more South African government departments that require “swift delivery support world-class infrastructure on time and within budget.”
The CDC began venturing into infrastructure development, drawing on its organisational expertise in construction, engineering and local procurement that has been advancing private sector clients investing in the Coega IDZ.
The Infrastructure Development (ID) unit enables the CDC to meet its objectives of job creation through providing infrastructure space and solutions for investment promotion.
Dr Vilakazi said the CDC business model and approach to infrastructure development was unique.
“We have a mandatory SMME participation rate of 35% on all our infrastructure development projects and often draw on human resources in local communities, providing skills development and training. We believe this is the responsible way of developing infrastructure,” he said.
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