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THE Coega Development Corporation (CDC) has in the past
2014/15 financial year contributed 14 623 direct and indirect jobs to the
South African economy.

³It¹s important that we consistently provide an environment in which job
creation is at the axis of what we do. Our approach is to enable and
address skills development through a number of initiatives,² said Dr
Ayanda Vilakazi, CDC head of marketing and communications.

The CDC has since inception created in excess of 62 142 jobs, thanks to
the overwhelming investor confidence in the IDZ.

Late last year and beginning of 2015 the CDC had six investors under
construction, namely  Dedisa Peaking Power Plant (R3.5-billion),
Digistics Logistics expansion (R32-million), ID Logistics (R53-million),
cold storage facility for Vector Logistics (R130-million), UTi
Distribution Centre (R30-million) and Afrox¹s air separation unit
(R300-million). This has resulted in 2 400 people directly benefiting
from jobs.

³Investment growth and confidence in the CDC has contributed tremendously
to the creation of opportunities. We have managed to create as many jobs
as possible as a result of our service offering,² added Dr Vilakazi.

CDC¹s diversified service offering as an implementing agent on
infrastructure development for various government departments has
immensely contributed to increased jobs as well. The organisation¹s
growing national footprint provides a wide pool of labour and as such
impacts several communities.

Coega¹s national footprint is able to provide skilled and semi-skilled
jobs. In the FY 2014/15 the organisation created over 11 000 (unaudited)
number of jobs within the construction sector and has continued this year
in the same vein.

³The CDC is easily one of the biggest employers in the Eastern Cape and
has gained traction in other provinces through its work that consistently
seeks to contribute positively towards socio economic growth,² said Dr
Vilakazi.

The CDC, through its Human Capital Solutions (HCS), provides skills
training, labour absorption forecasting and SMME development. The
organisation has trained over 8 791 people in the FY2014/15 and since
inception provided training and development opportunities to more than 71
445 people.

³Skills training is an important aspect of what we do. Our objective is
to provide labour that is well rounded and is able to tackle all aspects
of investor and client needs,² said Duncan Grenfell, CDC unit head:
recruitment and placement.

Issued by COEGA