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SPECIAL FEATURE Western Cape Government (25.3%), and SunWest International (Pty) Ltd (6.9%). The Westin Hotel is on the western edge of the conference centre complex and several other large hotels are nearby, including two Southern Sun hotels, Waterfront Cape Town and The Cullinan. Building is under way to double the size of the CTICC, which will position Cape Town to handle mega-conferences such as those dealing with climate change. Two major conferences were recently secured with the help of the Cape Town & Western Cape Convention Bureau: the 18th International Congress of Immunology (IUIS) and the International Symposium on Microbial Ecology (ISME). The CTICC bids were in competition with London, Paris, Mexico and Toronto, Hawaii, Auckland, Beijing and Santiago. These two events alone will bring 8 500 visitors to the city. In 2015/16, the CTICC generated R200-million in revenue and earned R65-million in operating profit by hosting 504 events. will be part of the new Harbour Arch precinct, while the AC Hotel will be attached to the Yacht Club and be the first thing cruise line visitors see after they emerge from dealing with customs authorities. The three hotels will offer a total of 539 rooms. The Rezidor Hotel Group is adding a sixth Cape Town property to its portfolio with the opening of the Radisson Red Hotel V&A Waterfront Cape Town. The Capital Mirage opens in De Waterkant in 2016 while the boutique Silo Hotel will perch above the Zeitz Museum of Contemporary Art Africa, which is going to display its contemporary art in the Waterfront’s re-purposed grain silos. Tsogo Sun is spending R680-million on the site of the old Tulip Hotel to create a two-hotel and conference complex. Fronting on Strand Street (and Bree and Buitengracht), a total of 500 rooms will be available in a SunSquare hotel and a StayEasy hotel.

Cape Town International Convention Centre Since it started operating in 1999, the CTICC has added R38-billion to the regional economy. It is jointly owned by the City of Cape Town (67.8%), the


Voortrekker Road Corridor development The old road to the north is still a very busy road but there are plans to bulk up Voortrekker Road and make it an attractive investment destination. The City of Cape Town has recently put infrastructure worth more than R300-million into supporting the plan, and has given money to the Passenger Rail Agency of South Africa (PRASA) for it to develop a plan to upgrade the rail corridor. The Voortrekker Corridor is one of the densest transport nodes, with rail, road and taxi linkages throughout. The Greater Tygerberg Partnership is driving several initiatives to spur developments in the region. These relate to attracting investment, affordable housing, creating a world-class sporting facility at the Haardekraaltjie precinct, and lobbying for pedestrian malls, bike lanes and more efficient public transport. The City of Cape Town presented its Voortrekker Road Corridor: Strategy and Investment Plan at the African Real Estate and Infrastructure Summit at the CTICC in November 2016. WESTERN CAPE BUSINESS 2017

Western Cape Business 2017  
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