“A leader in facilitating inclusive sustainable economic growth”
“To promote and coordinate inclusive economic development through innovative finance and investment solutions”.
In pursuit of its vision and mission the ECDC is committed to and guided by the following values:
Customer Centrism: We place maximum value on the centrality of customer in delivering our mandate
Accountability: We are answerable for our actions
Professionalism: We are defined by our positive, presentable demeanour and our quest for continuous improvement.
Integrity: In all our dealing with people we are known for our spirit of honour, reliability, ethical and moral standards.
Teamwork: None of us is as productive as all of us when we complement each other to achieve a common goal.
The constitution says that the government has an obligation to transform the economy into one that does not discriminate, that protects and respects the dignity of each person and steadily improves the standards of living. ECDC‘s mandate is to plan, finance, co-ordinate, market, promote and implement development of the Province and its people in the fields of industry, commerce, agriculture, transport and finance. ECDC, in its current form, emerged due to the merger of the following development finance institution
In fulfilling its mandate, the ECDC is guided by the following legislation and policy framework amongst others:
Eastern Cape Development Corporation Act No. 2 of 1997.
White paper on SMME promotion
National Small Business Act 29 of 2004, as amended
Co-operatives Act No. 14 of 2005, as amended
Co-operatives Bank Act No. 40 of 2007
Preferential Procurement Policy Framework Act No. 5 of 2000
Broad Based Black Economic Empowerment Act No. 46 of 2013, as amended
Companies Act No. 71 of 2008, as amended
National Credit Act No. 34 of 2005, as amended
Prescription Act No. 68 of 1969
Public Finance Management Act No. 1 of 1999
The Eastern Cape Development Corporation's Board of Directors, and Executive Management's ability to deliver on the Corporations' purpose, mission and strategic objectives is underpinned by the quality and expertise of its leadership.
Board of Directors
Board Deputy Chairperson
Chief Executive Officer
Chief Financial Officer
Acting Executive: Corporate Services
Executive: Legal and Governance
Executive: Properties & Strategic Projects
Acting Executive: Economic Development Coordination & Sector Support
Chief Investment Officer: Investment Management, Trade, and Investment Promotion
Executive: Enterprise Finance and Business Support
EL Regional Office
Ocean Terrace Park, Moore Street
Quigney, East London
PO Box 11197, Southernwood, 5213
Tel +27 (0) 43 704 5604
Parkton Arcade, 329 Cape Road
PO Box 1331, Gqeberha, 6000
Tel +27 (0) 41 373 8260
Fax +27 (0) 41 374 4447
Satellite Office Graaf-Reneinet
Alex Laing Hall
Tel +27 (0) 47 401 2700
Fax +27 (0) 47 491 0443
7 Sisson Street, Fort Gale
Private Bag X5028, Mthatha, 5099
Tel +27 (0) 47 501 2200
Fax +27 (0) 47 532 3548
98 Somerset Street
P O Box 198, Aliwal North, 9750
Tel +27 (0) 51 633 3007
118 Cnr Ebden & Brewery Street
Private Bag X7180, Komani, 5320
Tel +27 (0) 45 838 1910
Fax +27 (0) 45 839 3014
24 High Street
PO Box 117, Butterworth, 4960
Tel +27 (0) 47 401 2700
Fax +27 (0) 47 491 0443
Welcome to the Eastern Cape
The Eastern Cape, Home of the Legends!
A vibrant province of unmatched beauty boasting a wealth of natural resources, and a world-class manufacturing industry with a leading automotive manufacturing industry in South Africa. The Eastern Cape boasts with abundant tourist attractions, 800km of pristine coastline, world-renowned biodiversity and moderate climate with mostly sunny days.
The province’s three international ports and airports have competitive logistics for investors and provide easy access to regional and international markets. Eastern Cape Development Corporation (ECDC), a provincial economic development and investment promotion and facilitating agency offers formidable support to investors, with the two renowned Special Economic Zones; East London Industrial Development Zone (ELIDZ) and Coega Development Corporation (Coega) with the support of the shareholding government department of Economic Development, Environmental Affairs and Tourism.
ELIDZ offers investing industries a streamlines business environment enhanced by range of supporting services. The ELIDZ houses about 40 manufacturers that supply products for local and international markets and is perfectly positioned for light industry manufacturers that invests from +/- $1.2m. It is positioned in close proximity to the four ECDC owned Industrial Parks which are developed for growth-oriented manufacturers in search of ultimate global competitiveness. These industrial parks are Vulindlela, Fort Jackson, Butterworth, and Ndimbaza Industrial Parks, as well as Queendustrial Industrial Parks.
A leading investment destination and #1 in Africa, Coega is demarcated into 14 zones and operates the 9 003-hectare Coega SEZ with a combined investment value of R11.63b to date. The SEZ provides competence and capacity for the execution of complex infrastructure, and advisory on the development of industrialisation and logistics zones, focusing on various sectors.
The SEZ and Industrial Parks are hosted by two competitive metro municipalities; Buffalo City Metro and Nelson Mandela Bay Metro, both with advanced capabilities and enablers of vibrant economic activities.
The Eastern Cape is a home to four public universities as well as University of South Africa (UNISA) which has a national footprint, as such its graduation figures are reported under Gauteng province. The diverse offering of the Eastern Cape universities makes the province a sought-after educational destination. Statistics show that in 2019 alone, over 19 000 university graduates entered the labour market from the four local universities. The faculties cut across Science, Engineering and Technology; Business and Management / Commerce, Education, all other Humanities and Social Sciences including Law. For more, see Eastern Cape Economic Reviews.
Eastern Cape, Yours to Explore!
economic development departments and entities
Department of Economic Development, Environmental Affairs and Tourism
The Eastern Cape Department of Economic Development, Environmental Affairs and Tourism is of a province where economic growth and sound environmental management underpin sustainable development. Its main strategic goal is innovation for sustainable development, with the strategic objectives being to improve organisational performance, local economic participation, emission reduction, carbon reduction and green economy initiatives, and to secure the provincial conservation status.
East London Industrial Development Zone
ELIDZ offers investing industries a streamlines business environment enhanced by range of supporting services. The ELIDZ houses about 40 manufacturers that supply products for local and international markets and is perfectly positioned for light industry manufacturers that invests from +/- $1.2m. It is positioned in close proximity to the four ECDC owned Industrial Parks which are developed for growth-oriented manufacturers in search of ultimate global competitiveness.
Coega Development Corporation
With a strategic operational footprint across Africa, the Coega Development Corporation (CDC) operates the 9 003-hectare Coega Special Economic Zone (SEZ), a leading investment destination and #1 in Africa with a combined investment value of R11.63 billion to date. The SEZ provides competence and capacity for the execution of complex infrastructure and related projects, and advisory on the development of industrialisation and logistics zones.
Eastern Cape Parks and Tourism Agency
The Eastern Cape Parks and Tourism Agency boasts magnificent provincial nature reserves that present lucrative investment opportunities which include management of the newly built facilities at Cape Morgan, Baviaanskloof World Heritage Site, the popular Leopard Hiking Trail concession, and the Cable Car at the majestic Port St. Johns and many more!
Automotive Industry Development Centre - Eastern Cape
The AIDC EC is an implementing arm for the Eastern Cape Provincial Government’s development plan which provides dynamic and outcomes driven skills training, technical support and market access programs (enterprise development) for the automotive manufacturing supply chain.
Eastern Cape Rural Development Agency
ECRDA has a dedicated focus on formulating, promoting and ensuring the implementation of a comprehensive integrated rural development strategy for the Eastern Cape Province. The ECRDA is making significant progress in helping rural communities take the preparatory steps toward the achievement of vibrant rural economies.
Eastern Cape Socio Economic Constative Council
The Eastern Cape Socio-Economic Consultative Council (ECSECC) is a provincial research and development institution. ECSECC facilitates sustainable development encompassing – economic, social and environmental factors. ECSECC embraces innovative thinking and productive stakeholder partnerships that enable economic development in the Eastern Cape.
Nelson Mandela Metro Municipality
The Nelson Mandela Metro Municipality is an Auto Capital of South Africa! The automotive sector is a strategic and key sector in the Nelson Mandela Bay Metro is a host to Volkswagen, ISUZU, FAW and BAIC and most of the over a 150 vehicle component manufacturers in the province with a vision to advance the capability in auto sector and become the number one auto manufacturer in Africa.
Buffalo City Metro University
Buffalo City is an attractive centre for import-export business and its strategic location makes it an important investment destination. It is well placed for trade with the rest of Africa and the world The metro boosts with its excellent infrastructure, including an airport and a deep-water port, which has spare capacity to deal with future growth.