The Coega Development Corporation (CDC) on Tuesday hosted a sod turning ceremony to mark the R11 billion investment by the Beijing Automobile International Corporation (BAIC) at the Coega Industrial Development Zone.
In a bid to attract new businesses to Uitenhage, Bay municipality and Coega are planning expansion of the R287m Nelson Mandela Bay Logistic Park.
Face of Nelson Mandela Bay is set to change dramatically with South Africa's largest mixed-use housing development getting the green light to build 40000 homes near Coega.
Building projects in the Coega Industrial Development Zone (IDZ) have injected over R1.2bn into the Nelson Mandela Bay construction industry over the past two quarters.
We've heard this story before: The Coega Development Corporation, operator of the Coega IDZ outside Port Elizabeth in the Eastern Cape, says it expects more investor deals this year
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