The City of Cape Town has unveiled the Invest Cape Town Centre, a hub designed to champion economic activities, highlight investor support initiatives and showcase Cape-made products.
Situated at City Hall, this multifaceted space was inaugurated by Mayor Geordin Hill-Lewis and Alderman James Vos, the Mayoral Committee Member for Economic Growth.
Hill-Lewis expressed enthusiasm for the new centre, emphasising its role in attracting job-creating investments to Cape Town.
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The Invest Cape Town Centre serves as a spot for investors to explore all facets of Cape Town, promoting economic engagements. In addition, the centre is a platform to support local businesses by featuring proudly Cape Town product ranges.
Alderman Vos envisions the centre as a space for networking events and interactions with investors, high-level delegations and stakeholders.
The concept was inspired during a City trade mission to Dubai, where Alderman Vos observed the Economic Development Centre showcasing locally produced goods. This approach was adapted for Cape Town, making it a pioneering initiative in South Africa.
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The display area dedicated to Cape-made products will rotate, featuring a variety of Capetonian businesses. Alderman Vos encourages local businesses to seize this opportunity, emphasising that there is no cost associated with getting products featured.
This dedicated space aligns with the City’s broader initiatives to support businesses, encompassing skills development, productivity improvements and industry-specific programmes.
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The Economic Growth team has established various support mechanisms tailored to businesses of different sizes and industries poised for growth. From the Business Hub for small businesses to the Productivity Efficiency Programme aiding distressed SMMEs, the City is committed to fostering a thriving business environment.
Cape Town-based businesses eager to showcase their products at the Invest Cape Town Centre are encouraged to reach out to the Invest Cape Town team via [email protected].
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Picture: City of Cape Town
