Coega signs record 10 investors

IN a first for any South African industrial development zone (IDZ), Coega has made investment history by signing 10 investors at an investment value of just more than R1.8-billion in the 2013-14 financial year.

The company broke through the double- digit barrier for new investments, it reported yesterday as audited figures on the organisation’s performance, for the financial year which ended in March, trickled through.

Working with a “strong and dedicated multi-disciplinary team”, Coega had clinched investors across diverse sectors, including the manufacturing, logistics, chemicals, renewable energy and automotive industries. – Business Reporter

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