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THE STATE OF CAPE TOWN CENTRAL CITY REPORT 2018

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INVESTMENT PARTNERS

Several investment agencies operate in the Cape Town Central City, with a mandate to foster a strong economy, contributing towards the CBD’s economic viability and future sustainability growth. These partnerships, supported by relationships across the private and public sector, exist to enable businesses to thrive and attract sustainable investments that can secure the future of the CBD.

CAPE TOWN CENTRAL CITY IMPROVEMENT DISTRICT (CCID) The CCID was established by local property owners with a vision for the Cape Town CBD to rise from the prevailing crime and grime to become a sought-after urban environment once again. Since inception, the CCID’s primary mandate has been to keep the Central City safe, clean, caring and open for business. A map delineating its geographical boundaries and the four precincts that fall within it can be found inside the front cover of this publication. Like the 41 other city improvement districts in the metropole, the CCID exists in terms of the City Council’s municipal Property Rates Act, Section 22 [Special Rates Area (SRA)] and the SRA bylaw. It provides complementary top-up services within a specific geographical area, to support the primary agencies. In the case of the CCID, these primaries are the City of Cape Town and the South African Police Service (SAPS). Since 2016, the CCID has also nurtured a partner project in public safety with the Western Cape Government. Overseen by a board of directors, the CCID is made up of three operational departments – Safety & Security, Social Development and Urban Management. A Communications department collaborates across all three of these to promote the CCID’s work and investment in the Central City. A fifth department manages financial and HR-related administration. With a full-time staff of 22 people, the CCID oversees a total workforce of over

620 people who carry out the organisation’s mandate to manage the spaces in between the buildings of Cape Town’s traditional downtown or CBD area. WHERE: 13th floor, 1 Thibault Square, Cnr Long St & Hans Strijdom Ave (Precinct 1) www.capetownccid.org

WESGRO As the official destination marketing, investment and trade promotion agency for the Western Cape, Wesgro’s mandate is to “attract and retain foreign direct investment, grow exports and market Cape Town and the Western Cape as a competitive business and leisure destination globally”. The agency promotes economic activity in the province to facilitate job creation. It does this by landing and keeping businesses in the Western Cape and helping local businesses to export beyond South Africa’s borders. It looks to align the region to national priorities for economic growth, trade and investment promotion initiatives and facilitates the

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tonnes of waste was swept off the streets of the CBD during 2018

link between business and government decision-makers. It is often the first port of call for foreign buyers, local exporters and investors looking to take advantage of the region’s potential. WHERE: SA Reserve Bank Building, 60 St Georges Mall (Precinct 2) www.wesgro.co.za

CAPE CHAMBER OF COMMERCE AND INDUSTRY Established in 1804, and representing businesses of all sizes and in all sectors, the Cape Town Chamber of Commerce and Industry is mandated to serve, enable and lead business. This is achieved via a multitude of services, networking opportunities as well as robust advocacy on behalf of business. WHERE: 4th floor, 33 Martin Hammerschlag Way, Foreshore (Precinct 1) www.capechamber.co.za

THE WESTERN CAPE ECONOMIC DEVELOPMENT PARTNERSHIP (EDP) The EDP is a non-profit company

Profile for Cape Town Central City Improvement District

The State of Cape Town Central City Report 2018  

Looking back at 2018 in terms of the economic and investment climate of the Cape Town CBD.

The State of Cape Town Central City Report 2018  

Looking back at 2018 in terms of the economic and investment climate of the Cape Town CBD.

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