Coega boost for black in­dus­tri­al­ist plan

The New Age (Western Cape) - - Front Page - BERNARD SATHEKGE

THE Coega Spe­cial Eco­nomic Zone (SEZ) in the Eastern Cape is walk­ing the talk in step­ping up the black in­dus­tri­al­ists.

It now counts at least 41 in­vestors and the first of many in­dus­tri­al­ists in the pipe­line with a R71m ce­ment man­u­fac­tur­ing fa­cil­ity in zone 5 of the Coega SEZ.

The in­dus­trial de­vel­op­ment zone (IDZ), which was estab­lished in 1999 and cov­ers 115km² of land, is fast be­com­ing a cash cow for the province and the coun­try as it brings bil­lions of rands into the econ­omy.

Many multi­bil­lion-rand projects that started up there in the past decade are now mak­ing good prof­its.

See page 14

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