Question NW962 to the Minister of Trade and Industry
18 April 2016 - NW962
Whitfield, Mr AG to ask the Minister of Trade and Industry
(1)(a) How many companies have invested in the Coega Industrial Development Zone (Coega IDZ) in Port Elizabeth in each year since its opening, (b) how many persons are employed by each of the specified companies, (c) what is the value of each investment and (d) what are the details of the incentives offered to each company; (2) how many (a) direct and (b) indirect jobs were created at the Coega IDZ (i) in the (aa) 2011-12, (bb) 2012-13, (cc) 2013-14, (dd) 2014-15 and (ee) 2015-16 financial years and (ii) since 1 April 2016?NW1091E
Reply:
(1)(a) Although the Coega IDZ was designated in 2002, it only began receiving investments in 2006. This was largely due to the fact that it took longer to set up the IDZ and also that some of the earmarked investments never materialised. Accordingly, the number of companies that have invested in the Coega IDZ in each year since its opening is as follows:
|
Year |
Number of investors |
|
2006 |
2 |
|
2007 |
1 |
|
2008 |
4 |
|
2009 |
2 |
|
2010 |
6 |
|
2011 |
1 plus 1 expansion |
|
2012 |
3 |
|
2013 |
5 plus 1 expansion |
|
2014 |
4 |
|
2015 |
4 |
|
TOTAL |
33 |
(1)(b) Number of persons employed by each company:
The Coega IDZ has a total of 33 operational investments resulting in a total of 7 174 direct jobs in the zone. The average number of direct jobs per investment stands at 224,2 jobs per investment project. The lowest number of jobs in a single investment project is 9; while the largest number of jobs created in a single investment project is 1 783. (See Annexure “A” for ease of reference)
(1)(c) Value of investments
The Coega IDZ has a total of 33 operational investments resulting in a total investment value of over R6,4 billion. The biggest single investment in the zone is R3, 5 billion, while the smallest single investment is R5 million. The average value of investment per investment project currently stands at R183, 5 million.
(1)(d) Details of incentives offered to each company
According to our records, only 12 companies in the Coega IDZ received incentives from the dti and the details are as follows: (See Annexure A)
|
Company |
MCEP |
EIP |
BPS |
AIS |
|
Agni Steels |
R9, 473, 700.00 |
|||
|
FAW |
R 54,663,648.00 |
|||
|
DCD WindTowers |
R6, 442, 354.00 |
|||
|
Coega Dairy |
R13,784,340.00 |
|||
|
Cape Concentrates |
R6, 322, 266.00 |
|||
|
Grupo Antolin |
R7, 638, 991.00 |
|||
|
Famous Brands |
R1, 078, 256.00 |
|||
|
WNS |
R 87,293,326.00 |
|||
|
Faurecia |
R11,757,623.00 |
R 7, 971, 800.00 |
||
|
Rehau |
R 49,883,773.00 |
|||
|
Benteler |
R17,715, 213.00 |
|||
|
Inergy |
R1, 771, 259.00 |
|||
|
Q-Plus |
R1, 181, 605.00 |
(2)(a) Number of direct jobs created at Coega IDZ during (aa) 2011-12, (bb) 2012-13, (cc) 2013-14, (dd) 2014-15 and (ee) 2015-16 financial years and (ii) since 1 April 2016 is as follows:
|
Year |
Number of Direct Jobs |
|
2011 |
1 138 |
|
2012 |
510 |
|
2013 |
1 154 |
|
2014 |
667 |
|
2015 |
152 |
|
TOTAL |
3 621 |
(2)(b) Number of indirect jobs created at Coega IDZ during (aa) 2011-12, (bb) 2012-13, (cc) 2013-14, (dd) 2014-15 and (ee) 2015-16 financial years and (ii) since 1 April 2016?
The number of indirect jobs created through the Coega IDZ investments since 2011 is not available, as the department still has to commission an impact study of the SEZ Programme since 2011.