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SPOTLIGHT ON: CAPE TOWN INTERNATIONAL CONVENTION CENTRE CTICC’s 2017/18 year in review1 Contribution to GDP 2018:

R4.5 billion

Contribution to GGP* 2018:

R3.1 billion Jobs created:

8 553 direct and indirect REVENUE AND PROFITABILITY: R246.3m revenue (including other income) +14.2% growth compared to the previous year R57.2m EBITDA* (R32.9m or 135.4% above target of R24.3m) 85% Customer Satisfaction Index (7% above target of 78%)

* Earnings before interest, taxes,

ENVIRONMENTAL CONTRIBUTION: 30% reduction in water consumption 84% waste diverted from landfill

CORPORATE SOCIAL INVESTMENT: R1.8m invested in community development support

THE CTICC’S ECONOMIC CONTRIBUTION R4.5 billion contribution to South Africa’s national GDP R3.1 billion contribution to Western Cape GGP R40.8 billion cumulative contribution to South Africa’s national GDP R35.1 billion cumulative contribution to Western Cape GGP 8 553 jobs created R288 million B-BEEE procurement (87% of net spend) 40% (of total supplier base) women-owned enterprise suppliers 49.5% women employed in the business (90 out of 182)

depreciation and amortization.

The Cape Town International Convention Centre (CTICC) celebrated its 15-year anniversary in 2018. In that time: Cumulative economic contribution to the national GDP:

Cumulative contribution to the regional GGP:

R40.8 billion

R35.1 billion

DIRECT AND INDIRECT JOBS CREATED: 115 000

589

International events hosted

7 400 Events hosted

Value of SMME goods and services procured in the last decade:

R1 billion CTICC visitors:

8.5 million

Visitor days:2

17 million

1 SOURCE: CTICC 2017/18 Annual Report

2 Visitor days: the number of days delegates attend an event multiplied by the additional days they

*GGP = Gross Geographical Product

spend in the country as a result of that event, i.e. includes pre- and post-event stays, as well as stays of accompanying guests of delegates. (Grant Thornton definition, July 2018)

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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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