Related Articles
Top Stories
May 25 2012 13:58
The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.
May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.
May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
Johannesburg, June 11 (I-Net Bridge) - The Coega Development Corporation (CDC) outside Port Elizabeth has signed its fourteenth investor into the Coega Industrial Development Zone (IDZ), it was reported on Wednesday.
UTI Sun Couriers recently occupied a speculatively built warehouse in the zone, said Coega in a press release.
It is now the fifth company to commence operations in the IDZ.
UTI manager, Jenny Hayes said: "The company chose to operate from the new industrial area because of the high quality of infrastructure and the close business relationships it's built up over time with the CDC."
"The warehouse is situated on a prime piece of real estate, directly next to the N2 out of Port Elizabeth. This location will give us excellent exposure and great advertising at no additional costs," added Hayes.
CDC is the operator of the IDZ outside Port Elizabeth, South Africa. Established in 1999 the CDC is wholly-owned by the South African government. The CDC says it aims to provide a competitive investment location and a total business solution for its customers as well as ensuring sustainable economic development in the region.
- I-Net Bridge