24 MEA MARKETS / Business Awards 2021 Dec21411 Having developed the most future-proof, adaptive and leading special economic zone in South Africa – and even Africa as a continent – the Coega Development Corporation operates with pride and tenacity across the board. With an exemplary team of well-trained and experienced professionals serving a tenacious domestic and foreign clientele, this company and its Project Management Services programme is certainly one to watch. Best Infrastructure Development Organisation - South Africa The Coega Development Corporation (CDC) is one of South Africa’s pioneering and trusted infrastructure development agencies of choice. With a strategic operational footprint in South Africa – as well as further into the African continent on the macro scale – the CDC’s vision is to be the leading catalyst for the championing of socio-economic development, with a consistent call for improved area planning. Fundamentally, it achieves this through the development and operation of the 9003-hectare Coega Special Economic Zone, Africa’s leading investment destination, located opposite the world class deepwater Port of Ngqura, which is a transshipment hub. Advising on the development of industrial and logistics zones, the CDC’s advanced capabilities are successful enablers of economic zone development and management, real asset management, infrastructure planning and development, technology integration, and related socio-economic impact areas. In short, the CDC provides expertise by implementing complex and mega infrastructure projects through the provision of market development, segmentation and targeting. Public and private sector businesses wishing to fast-track the implementation of infrastructure projects and achieve clean governance can contact the CDC today. As a pioneer in innovation and continuous improvement across its operational areas, the CDC has proven its agility and adaptability to new operating environments since its establishment in 1999. This has assisted the organisation greatly in transitioning its workforce to telecommuting at the onset of the COVID-19 pandemic. The CDC developed remote working systems and virtual processes including the Coega SEZ virtual tour. International investors can now experience its 14 demarcated investment zones from anywhere in the world. The organisation builds its momentum on the King IV code in respect of corporate governance and has achieved consecutive clean audits – a record it aims to maintain. With its value-adding product and service diversification, in-house skills and resources, and status as Africa’s leading special economic zone, the CDC has a lot to be proud of. However, past successes will not have it resting on its laurels. Currently, the CDC is striving towards expansion into new markets while aggressively increasing market share in current markets, hoping to amplify its impact on socio-economic development through the successful execution of complex infrastructure and related projects and maintenance of its ever-growing roster of excellence awards. During the COVID-19 pandemic, the CDC signed an incredible R 49.81m in new SEZ business deals and aims to increase this to more than R250m next year. The client portfolio of external services (businesses outside of the SEZ) saw an achievement of R5.3bn against a target of R2bn. Some of these external services projects are located in Zimbabwe, Senegal, Nigeria and Cameroon for Central African Republic, to name but a few. Company: Coega Development Corporation Contact: Ayanda Vilakazi Website: coega.co.za
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