Media Statements - East London IDZ SOC Ltd

EAST LONDON IDZ ANNOUNCES 16 INVESTORS WORTH R3.3 BILLION

On Tuesday, 30 November 2021, the East London Industrial Development Zone (ELIDZ) SOC Ltd announced R3,3 billion (bn) worth of private sector investment into the East London-based Special Economic Zone (SEZ). The 16 new investing companies are part of the ELIDZ’s efforts to accelerate the localization of local content and are linked to the Mercedes Benz South Africa’s (MBSA) new C-Class project (W206).

The ELIDZ Chief Executive Officer, Simphiwe Kondlo, made the announcement at an event attended by the Premier for the Eastern Cape Province, Mr Lubabalo Oscar Mabuyane, Minister for Small Business Development; Ms […]

PREMIER MABUYANE WELCOMES A R91.7 MILLION SUNDALE SCHREIBER INVESTMENT AT THE ELSEZ

On Tuesday, 16 November 2021, the Premier of the Eastern Cape, Mr Oscar Mabuyane, attended the official opening of a state-of-the-art Sundale Schreiber Slice-on-Slice (SOS) Cheese Processing Factory held at the East London Industrial Special Economic Zone (ELSEZ).

The new facility which marks Sundale Dairy’s expansion and a R91.7 million re-investment into the ELSEZ is a result of a Joint Venture (JV) partnership between Sundale Dairy, a local company and Schreiber Foods, global leaders in the production and distribution of processed cheese, cream cheese and yoghurt.

The launch event which also marked […]

ELIDZ WELCOMES SIU INVESTIGATION

The
East London Industrial Development Zone SOC LTD (ELIDZ) welcomes the Special
Investigation Unit (SIU) probe into allegations of corruption and
maladministration into its affairs, if the authorities deem it
worthwhile to put resources into these allegations once more.

The investigation comes
hardly a year after a judgment was issued on a court case that lasted more than
four years, where the same allegations were probed, and the judgment handed down vindicated the ELIDZ from any
wrongdoing.

Prior to the court case, back in 2015, a detailed investigation was launched where PricewaterhouseCoopers (PwC) was commissioned by the Department of Economic […]

CLARITER NOMINATED FOR THE 2020 S&P GLOBAL PLATTS GLOBAL ENERGY AWARDS

An East London
Industrial Development Zone SOC Ltd (ELIDZ) based investor, Clariter, has been nominated
as one of the finalists in the 2020 S&P Global Platts Global Energy Awards
– “Award of Excellence – Downstream” category.

Clariter has been
selected as a finalist in the 22nd annual S&P Global Platts
Global Energy Awards, an annual affair recognizing exemplary contributions by
both companies and individuals in the energy industry. The 2020 finalists,
chosen from some 300 nominated entries from more than 36 countries were announced
by programme host S&P Global Platts, the leading global provider of energy […]