- Title
- Coega industrial development zone as a catalyst for development in NMBM
- Creator
- Younouss, Sanda Oumarou
- Subject
- Industrial development projects -- South Africa -- Port Elizabeth
- Subject
- Industrial development projects -- South Africa Economic development -- South Africa
- Date Issued
- 2018
- Date
- 2018
- Type
- Thesis
- Type
- Masters
- Type
- MPhil
- Identifier
- http://hdl.handle.net/10948/36162
- Identifier
- vital:33901
- Description
- It is common for countries to adopt growth-targeted strategies to address poverty and as a result, achieve development. South Africa is not an exception and that is the reason for implementing the industrial development zone (IDZ) programme, intended to achieve growth through exports. As part of this programme, the country established five IDZs, each of which operates in specific investment sectors. The economy of the Eastern Cape is experiencing difficulties in terms of unemployment, low wages and a declining population and the migration out of the Eastern Cape is due to limited job opportunities and low wages. The four largest economic sectors in the province are manufacturing, construction, agriculture and mining. The Coega IDZ (CIDZ) is located in the Eastern Cape Province of South Africa and operates in six investment sectors, namely automotive, agro-processing and aqua farming, chemical manufacturing, business process outsourcing, energy and metals. This research investigated the contribution of the CIDZ as a tool for development in the Eastern Cape and South Africa. It further investigates its contribution to the development of the Eastern Cape in the event of its expansion across three additional investment sectors, namely electronics, clothing and furniture. With the aim of conducting a proper assessment of their contribution, the strengths and weaknesses of these three investment sectors were elucidated. Additionally, the research described the operation of four special economic zones (SEZs), namely the Zarqa Free Zone, the Jebel Ali Free Zone, the East London Industrial Development Zone (ELIDZ) and the Coega Industrial Development Zone (CIDZ). The research methodology used was that of a descriptive study (literature-based). The research revealed that there is a need to add these three investment sectors to the CIDZ in order to develop the Eastern Cape, as they have the potential to meet the challenges that the province is facing. The research led to a number of recommendations inspired by the SEZs presented in the descriptive study, to improve the contribution of the CIDZ to the development of the Eastern Cape.
- Format
- xi, 108 leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
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