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The new BAIC auto manufacturing plant in Coega, outside Port Elizabeth, is creating about 1 500 jobs in the first phase and potentially 2 500 more by completion of construction.
Procurement problems, language differences and allegations of domination by the Chinese are hampering the construction of the motor plant.
The Coega Development Corporation says energy development from gas in South Africa is entering a "golden age" and gaining significant momentum.
Government should make the Eastern Cape the next area of growth for SA’s economy, according to the the Select Committee on Trade and International Relations.
Two decades from now, it is believed that South African martime-oriented economic activities will contribute an estimated R177bn to gross domestic product.
Nelson Mandela Bay in the Eastern Cape is on its way to become a hotspot for the manufacturing of green energy components and technologies.
PetroSA is looking for crude oil in Africa to use in a new refinery envisaged for the Eastern Cape.
The Industrial Development Corporation (IDC) is looking for a strategic equity partner to resuscitate a R500 million failed wind energy project at the Coega special economic zone near Port Elizabeth.
The Coega Development Corporation has announced that investment projects worth over R1bn are ready for implementation in the Coega IDZ from April 2017.
The Coega Development Corporation has welcomed Cabinet’s decision to issue Transnet a permanent operating license for the manganese terminal at the Port of Ngqura.
The Coega Development Corporation will assess the feasibility of establishing a cargo airport and an aerospace industrial cluster in the Coega IDZ.
The Coega Development Corporation will establish a complex for the automotive assembly and components manufacturing sectors, it says.
It would not be wise to say that electricity could be a huge stumbling block for the Coega Industrial Development Zone, says the Coega Development Corporation.
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