{"id":14553,"date":"2025-10-23T06:30:23","date_gmt":"2025-10-23T06:30:23","guid":{"rendered":"https:\/\/www.investcapetown.com\/?post_type=news-articles&p=14553"},"modified":"2026-05-08T14:37:00","modified_gmt":"2026-05-08T14:37:00","slug":"cape-town-targets-manufacturing-growth-with-new-policy","status":"publish","type":"news-articles","link":"https:\/\/www.investcapetown.com\/en\/news-articles\/cape-town-targets-manufacturing-growth-with-new-policy\/","title":{"rendered":"Cape Town Targets Manufacturing Growth with New Policy"},"content":{"rendered":"

Cape Town Targets Manufacturing Growth with New Policy<\/h1>\n

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Piece by James Vos, Mayoral Committee Member for Economic Growth<\/strong><\/em><\/p>\n

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Draft framework prioritises streamlined approvals and job creation, with public consultation open until 3 December.<\/p>\n

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At a local Cape Town factory this week, Alderman James Vos, the City\u2019s Mayoral Committee Member for Economic Growth, unveiled the draft Manufacturing Support Policy, setting out a refreshed approach to attracting investment, supporting manufacturers, and creating jobs in the metro.<\/p>\n

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The policy builds on the 2018 Investment Incentives Policy but shifts the focus toward non-financial support and practical facilitation that investors say matters most.<\/p>\n

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\u201cCape Town is open for business,\u201d Alderman Vos said. \u201cOur Investment Facilitation Branch has been working to cut red tape and fast-track approvals. This new policy takes the next step by giving businesses the tools and support they need to grow and hire locally.\u201d<\/p>\n

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While the 2018 incentives successfully drew investment, they were costly and sometimes led to limited job creation. Businesses told the City that faster approvals, guidance on permits, and hands-on facilitation were the support mechanisms they valued most.<\/p>\n

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The draft Manufacturing Support Policy proposes to:<\/h4>\n

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