Explore the untapped potential of a world-class African metropolis
As South Africa’s oldest city, Cape Town certainly is not antiquated in terms of infrastructure and development. It may be most widely known for sprawling wineries, pristine beaches, Table Mountain and other natural attractions, but it also offers excellent study, work and business opportunities. This is because the region’s economic growth has been perfectly complemented by the comprehensive infrastructure in the city of Cape Town.
In fact, the Mother City boasts a sound infrastructure across all sectors. The local government has also shown a commitment to entrepreneurial expansion and facilitated visible evidence of investment in the world-class CBD. The City spends approximately ZAR8.4 billion annually on maintaining and building new infrastructures and transport solutions. This commitment has created a shared vision of Cape Town as one of the most vibrant and progressive cities in all of Africa. An unmistakable enthusiasm that many investors find attractive here.
There are a variety of exciting initiatives emerging and underway in Cape Town. For example, in 2017, Cape Town became a member of the UNESCO Creative Cities Network as a Design City. This has proven to be a catalyst for the creation of valuable partnerships. These, in turn, have been integral in developing Cape Town’s design sector – having encouraged the sharing and creating of knowledge, growing new markets and achieving inclusive, urban sustainable development.
Cape Town’s Connectivity & Broadband capabilities
Since 2014, the City has made significant advances in harnessing the power of technology to become Africa’s Digitech hub. The municipality has, to date, installed fibre-optic cables with a combined length of over 800km and has provided accelerated internet access to over 1 million people. They’ve achieved this incredible feat through nearly 400 free Wi-Fi zones spread out across the metropolis. Current activities are pushing towards affordable open-access high-speed fibre connections being provided to every building in the CBD. There is also a wealth of expanding economic opportunities for business and internet service providers.
Cape Town’s Transport and Urban Development Authority (TDA)
The TDA combines the functions of integrated transport, urban development and the elements of human settlements into a single governmental body. This has become a driving force for achieving a more efficient mobility network for public and private transport. Best of all, this includes pedestrians and cyclists, as well as public transport services that provide access to opportunities.
This drive feeds into a focus on spatial and social transformation within Cape Town. After all, creating better linkages between communities, and an efficient public transport system, benefits almost everyone.
“I aim to oversee the implementation of the city’s vision for an integrated and enhanced public transport system and to see substantial progress with the refurbishment and regeneration of roads in disadvantaged areas, as we add road capacity.” Councillor Herron (Western Cape)
Innovative thinking and excellence in service delivery has the potential to unlock investment partnerships and the creativity needed to grow Cape Town’s economy, and improve quality of life for the benefit of current and future generations.
Cape Town’s Foreshore Freeway Precinct
One of the City’s biggest infrastructure projects is the Development of Cape Town’s Foreshore Freeway Precinct. The City’s unfinished freeways straddle the area and have been the subject of much debate and discussion over time. For many years, consideration was given to decide on the best way to deal with them, in order to unlock the economic potential of a significant segment of the City. This had to be done in a way that would potentially enhance and complete the urban design of Cape Town’s bustling Central Business District (CBD).
Additional ongoing Cape Town infrastructure projects
Cape Town is a metropolis that’s braced for an amazing entry into the 2020s and beyond! There is a tangible and sustainable commitment here to building a road to a healthy, strong economic future that embraces all races, creeds and cultures. This is a destination that’s poised to provide cost-efficiency, ROI and ever-evolving infrastructure to local and foreign investors alike.