Coega Development Corporation was awarded as a Top Performing Public Service at the 14th annual National Business Awards yesterday, the 17th of November 2016 at the Emperors Palace in Johannesburg.
The awards recognized those demonstrating the greatest impact on quality of life, economic prosperity or regeneration through direct investment, pro bono work or employee led initiatives.
CDC has played a remarkable role in stimulating socio-economic development in South Africa. In the past 4 years, the CDC has attracted 54 new investors with a combined investment value of R31.93 billion. This has seen the Coega IDZ as a premium investment destination showcasing world class infrastructure and expertise. The CDC recently signed BAIC, a R11.5 billion investment automotive plant to be located at the IDZ.
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