Port Elizabeth’s Major Boost!

Port Elizabeth and Coega residents have much to celebrate! With a large amount of fantastic investments, the future looks superbly bright for the friendly city.

Let’s assess some of the many investments:

• R20 Billion Alcan deal with Coega

• R900 Million allocated for the Mandela Bay World Cup stadium

• R6 Billion Coega harbour project

• R24 Million Dynamic Commodities investment with Coega

• R1, 1 Billion stainless steel precision strip mill project invested in Coega

• Thai Summit Autoparts Industry Company looking into setting up a R750 Million motorcycle and car parts plant in PE

• A proposal for a R307-million water treatment plant at Coega

• The signing of a deal between the Coega Development Corporation and Russia‘s Renova Investments for a R7-billion manganese smelter

• New Mandela statue investment in PE
• A R116 million facelift development project aimed at Port Elizabeth’s coast

Yes, Port Elizabeth and Coega has experienced a vast array of investors all very interested in this area. With so much happening and the vast amount of investors, the infrastructure of both Coega and Port Elizabeth will ever be improving. Thousands of jobs will be supplied and the economy will be improved.

PE has become an absolute buzz! Development, investors, economy as well as infrastructure is only increasing.  

Port Elizabeth and Coega is destined for great things!