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CDC expects more deals for 2012


 The Coega Development Corporation is expecting a good 2012 in more investor deals.

In a statement today, the Corporation said with the economy still reeling from recessionary factors, the Coega IDZ will continue to see a steady growth as more investors come on board.

The current investment account reflects a total of R140bn in investment value.

These include R7.5bn in investments that are currently being implemented, R5.8bn in delayed projects, R1.2bn operational and R8.1bn currently being negotiated.

Coega says a whopping R116.3bn worth of investments are still in feasibility stages.