The Coega Development Corporation (CDC) aims to make long-term and sustainable investments in communities. Coega’s sustainability focus ensures that CSI rolls through the organisation in cross-functional areas in job creation such as the internship programme, environmental protection, heritage and culture alignment, training and skills development, business partnerships, enterprise development and engagement with communities.
The future of the Eastern Cape is being re-written by Coega, which is not only pouring billions into industrial and infrastructure development, but is also giving back to the province through high-impact corporate social investment projects that are changing thousands of lives.
In the 2014/2015 FY CDC invested in excess of R37-million in local and regional community projects, a significant share of its contribution of over R95-million since inception, which has benefited thousands of people in the Eastern Cape.
The focus areas of Coega CSI Programmes are:
• Education and Skills Development;
• Rural Development;
• Poverty alleviation;
• Job Creation; and
• Sports Recreation.
As a leading catalyst championing socio-economic development, the CDC through its CSI initiatives has worked tirelessly in improving the social and economic environment of South Africa but more specifically, in the areas where Coega operates. In addition, the CDC prides itself in its ability to focus on equipping communities with long-term skills thus, giving them access to livelihood opportunities that ultimately stimulate economic participation within the region.
Annually, the CDC invests over R9-million in thirteen causes which directly impact the lives of over 8 000 people subsequently, creating a ripple effect into their families and communities. CDC’s CSI unit continues to strive for the creation of seamless relationships which will drive high impact and long-lasting CSI projects.