Coega to establish a complex for automotive assembly

01 Feb 2016 | Admin Author

The Coega Development Corporation says it will be establishing a complex for the automotive assembly and components manufacturing sectors in Zone 2 of the industrial estate at the Coega IDZ.

The CDC says it has earmarked 306 hectares of land for automotive manufacturing industrial activity through its recently unveiled five year strategic plan.

It says the complex will house vehicle assembly halls from vehicle manufacturers and shared service infrastructures.

The CDC says first, second, and third tier automotive component suppliers will all also be brought together in one mega-automotive zone.

Gustav Meyer, the CDC's business development manager for automotive industries said that in emerging markets OEM industrial clustering is an accepted and prominent form of economic organization.