The Coega Development Corporation (CDC) hosted a delegation from the Special Economic Zone (SEZ) Chief Executive Officer’s (CEO’s) Forum to reflect on the general performance and progress of SEZ’s.
“It’s exciting to hear about the planned conference, as the CDC, we certainly welcome any initiative that seeks to bolster investment,” said Dr Vilakazi.
The meeting further elaborated on various operational successes and challenges facing the SEZ’s. One of the two highlights reported on was the recent launch of the BAIC SA facility, which saw the opening of the plant by both the Chinese President, Xi Jinping and South Africa’s President, Cyril Ramaphosa. “Appreciating the developmental nature of new legislations, teething items are likely to creep during the operational phase and it’s through these engagements with the various CEO’s we are likely to iron them out. “We will certainly take some of the suggestions by the CEO’s into cognisance moving forward,” concluded the dti.