Chamber Welcomes the Planned R5.5 billion Fluorochemicals Investment at Coega SEZ
June 12, 2026
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October 15, 2026
The Coega Development Corporation (Coega) and the Technology Innovation Agency (TIA) have formed a partnership to advance South Africa’s innovation and industrialisation agenda.
The strategic partnership is aimed at unlocking the full potential of innovation-led growth. Based in the Coega Special Economic Zone (SEZ), the collaboration aims to strengthen the link between research, innovation, technology development and commercialisation, and thereby contribute to sustainable socioeconomic development.
By aligning the TIA’s mandate of supporting technological innovation with Coega’s role as a leading SEZ operator and implementing agent, the collaboration creates a platform to accelerate inclusive economic growth by bridging the gap between innovation and market-ready solutions, the organisations say.
The partnership aims to address national priorities and the TIA is committed to advancing innovation that delivers tangible impact, says TIA CEO Dr Titus Mathe.
“This collaboration enables us to fast-track the development and deployment of technologies that respond to South Africa’s most pressing challenges, while improving the quality of life for communities,” he says.
The TIA aims to promote commercialisation of industrial innovation through the partnership.
“This partnership positions Coega as a hub where innovation meets industry. Together with the TIA, we are building an ecosystem that attracts investment, nurtures new industries and strengthens South Africa’s competitive edge,” says Coega CEO Themba Koza.
Specifically, the partnership creates a framework for collaboration to develop critical infrastructure, such as a Food and Water Analytical Laboratory to support industry standards, and to advance climate and environmental technologies, including marine monitoring systems to mitigate coastal risks.
The framework also provides opportunities to deploy circular economy solutions, modernise industrial capabilities through advanced manufacturing, and drive the growth of high-potential sectors such as agroprocessing, aquaculture, aerospace and automotive manufacturing, the organisations say.
Additionally, the agreement also aims to establish an innovation and technology park as part of the Fluorochemical Strategic Innovation Programme at the Coega SEZ, Zone 7.
This will be the economic hub for fluorochemicals, to service both the domestic and global markets by beneficiating fluorspar, Coega notes.
Further, through proposed Digital Economy Innovation Programmes and the development of a Digital Hub, the TIA-Coega partnership aims to support information and communications technology-based small businesses, enhance digital skills and position the Eastern Cape as a competitive player in the digital economy.
As part of the structured collaboration, the parties will be able to pursue joint initiatives in technology testing, piloting, skills development, and commercialisation.
The agreement will remain in effect for an initial period of five years, providing a stable foundation for long-term collaboration and impact.
The partnership is expected to strengthen the position of the Coega SEZ as a leading hub for innovation and advanced manufacturing, while contributing meaningfully to South Africa’s broader economic objectives.
By combining the TIA’s expertise in innovation funding and technology advancement with Coega’s strengths in infrastructure development and investment facilitation, the collaboration is set to deliver tangible benefits for industry, communities and the national economy, the organisations say.
