Coega a driving force behind multi-billion-rand Tshwane ‘auto city’
15 July 2020 | Web Article Number: ME202019714
THE Coega Development Corporation (CDC), developer and operator of the Coega Special Economic Zone (SEZ), has been appointed as the Implementing Agent (IA) to develop and operate the multi-billion-rand Tshwane Automotive Special Economic Zone (TASEZ).
That’s according to CDC Head of Brand and Marketing Dr Ayanda Vilakazi, who said the corporation, as a public entity, was an IA of choice due to its unparalleled expertise in mega and complex infrastructure projects.
“SEZs are a catalyst for employment, transformation, socio-economic development and industry growth,” he said. “The CDC’s appointment demonstrates our resilience in negotiation, having secured a multi-billion-rand project under a difficult operating environment amid the COVID-19 pandemic.”
He said Coega had ISO certified systems and processes that guarantee effective delivery of projects within scope, time, and budget.
“Our record of unqualified audit opinions on our projects speaks for itself. The national government and various provincial government departments trust the CDC with its projects. This has become even more pronounced amid COVID-19 and the need to fast-track economic recovery through infrastructure development and thus, stimulate job creation,”
The TASEZ was launched in 2019 and its success is seen as important to the economic growth of the Gauteng Province. In the 2019 Gauteng State of the Province Address, Premier David Makhura said: “we must be more aggressive and decisive in pushing a vision of turning the entire province into a single, multi-tier, mega special economic zone,” based on Hannan, an island province in China, which is an SEZ in itself.
It is being billed as “Africa’s First Automotive City” and a key driver of economic growth in Tshwane and the rest of the Gauteng province, with a mandate to promote economic participation for SMMEs and to create decent employment in the region.
“The TASEZ development will create an influx of economic activity to the region as well as generate socio-economic benefits for both local communities and SMMEs in the following industries: Security; ICT Maintenance; Facilities Maintenance; Construction; Automotive Supply Chain; Marketing and Advertising; Catering and Events; and Information and Technology (among others),” Vilakazi said.
He urged job seekers and small business owners take advantage of these opportunities and visit www.tasez.co.za for more information.
The TASEZ will also provide social development through the improvement of infrastructure and the provision of facilities not currently available within the area. The Tshwane Automotive SEZ is Africa’s first automotive city,” said Dr Vilakazi.
He added that the CDC’s role had become important in South Africa and on the continent with helping develop effective and efficient SEZs.
“The CDC is taking full advantage of the Inter-Africa trade, which has been made possible by the signing of the Africa Free Trade Agreement by African countries to promote greater economic integration across the continent.”
To this end, the CDC’s International Business under Coega Africa Programme is managing the implementation of infrastructure projects in Zimbabwe, Central African Republic, and Cameroon, amongst other countries. Locally, the CDC has assisted with the development of other SEZs and Economic Development Agencies.