A R3,9billion expansion to the V&A Waterfront’s Canal District has been signed off by the Executive Mayor Dan Plato.

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The major infrastructure development will see a mixed-use development leading to the creation of at least 1100 jobs during the construction phase. Plato says following the recent approval of the R14bn Harbour Arch Development and the R4bn River Club development, which together will see roughly 40 000 jobs being created in Cape Town, the approval today of the V&A Waterfront’s Canal Precinct Plan, will see another significant boost to job creation for Cape Town.

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