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Home CORPORATE NEWS Eskom, Coega ink deal on nuclear build programme in South Africa

Eskom, Coega ink deal on nuclear build programme in South Africa

Eskom and the Coega Development Corporation (CDC) have signed a mutual agreement on  nuclear build programme in South Africa.

The Memorandum of Understanding (MoU) will see the two publicly owned companies work together in support of government’s plans to construct local capacity through supplier development and localization around the unfolding infrastructure for the nuclear programme.

“We are gearing ourselves up in preparation for the nuclear new build programme so as to deliver the project within the set schedules and budget.

We want to make certain that South Africans get dependable, decarbonized baseload power that will bring sustainable economic growth,” said Eskom’s Group Executive for Group Capital, Abram Masango.

Masango said it is important to lay the foundation for local people to take part meaningfully during the different stages of the project by skilling them for jobs as well as business opportunities.

The regions of cooperation enclosed in the MOU will include, but will not be restricted to, the following:

Project management and implementation services for infrastructure development;
Skills development and localization;

Provision of the necessary skills training for various phases of the project;
Socio-economic development (SED) studies in regard to the impact of the NNBP; and
Fitness for duty (FFD) centres procedures.

Stakeholder commitment and communications
The Coega Development Corporation’s Executive Manager of Business Development, Christopher Mashigo said the teamwork with Eskom is lined up with the corporation’s directive to drive the formation of an industrial complex to encourage assimilation with industry and add value-added production, while generating employment.

“An incorporated energy plan carries with it the potential to catalyze the re-industrialization of the East Coast Corridor manufacturing economy – transforming to an advanced and all-encompassing growth path and job creation,” said Mashigo.

The Coega Development Corporation (CDC) is state- run company (SOC) mandated to develop and run the 11 500 hectares industrial land of the Coega Industrial Development Zone (IDZ).


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