Mashigo says the downturn forced the CDC to rethink its strategy. It led to a drive to lure renewable energy investor

Without incentives to attract foreign investors, Coega, SA’s premier industrial development zone, may never realise its full potential.

Development is continuing apace at the Coega Industrial Development Zone (IDZ) outside Port Elizabeth, with Grinaker-LTA having been awarded a R57-million contract for the construction of a new facility there for Cape Concentrate

The construction contract for Transnet's new administration building and accompanying facilities at Coega's Port of Ngqura has been completed by Grinaker-LTA, a subsidiary of the JSE-listed Aveng Group