The Cape Town Central Improvement District says the Mother City has proved itself to be determined and resilient, in the face of many challenges over the past few years.
The CCID says despite having had to face the water-crisis, load-shedding, and a tough economic climate in 2019, and covid-19 restrictions this year, the City is still flourishing economically.
The CCID this week released its State of Cape Town Central City Report for 2019.
Board chairperson, Rob Kane, says despite a slow-down in economic activity, construction projects are still raking in billions of Rands for Cape Town.
This morning we're at the CTICC 2 to launch the annual State of Cape Town Central City Report 2019: A year in review & discuss socio-economic trends shaping a Covid world. Our guest speaker is @bronwynwilliams, Flux Trends economist & business trends analyst. #CTCentralCityReport pic.twitter.com/hj5kigY3mN
— capetownccid (@CapeTownCCID) October 7, 2020
In the CCID's new report, the Foreshore precinct emerges as key property investment node partly due to 2018 expansion of the CTICC which achieved turnover of R277 million in 2018/2019. #CTCentralCityReport
— capetownccid (@CapeTownCCID) October 7, 2020