Comprising a total of 11 000ha, Coega is a phased development considered to be South Africa's premier location for new industrial investments.

Leif Eriksen, a leasing and sales director of PGC, says this provides a rare opportunity for an investor/developer to secure prime located land in the centre of the Coega IDZ, mainly within an area envisaged as 'Metal Industry Cluster' and partly 'Airport Industry'. 

"While it comprises three erven, the site is being sold in its entirety, and can be sub-divided. Just two kilometres from the new harbour, the site straddles the new road being built through Coega and abuts the area for the proposed new Port Elizabeth airport," he says.

"Widely acknowledged as a success and with a world class infrastructure, Coega is the ideal location for manufacturers producing goods bound for global markets. Construction of the long-awaited R19.2 billion Alcan Aluminium smelter at Coega is expected to begin in mid-2008, and Straits Chemicals has announced they will build a R5.4 billion desalination and chlorine plant there, taking investment commitments for the IDZ to almost
R53 billion.

"A further boost for development is that Transnet has announced that the R8 billion container terminal at the port of Ngqura at the mouth of the Coega River, will be open for business in 2009. This harbour will operate as a transhipment hub and complement the Durban port," adds Eriksen.