The City of Cape Town says it
is moving ahead with its plan to unlock economic opportunities through the
establishment, management and development of the Khayelitsha Industrial Park.
The City’s Property Management
Department has therefore decided to follow a more popular trend in industrial
development by facilitating the establishment, development and management of
the industrial park.
City’s Executive Deputy Mayor
Ian Neilson says, any development must be to the benefit of the community.
“These properties are already developed
and have been standing there for many years with very little interest from the Industrial
developer. Our proposal is to put the full 27 on the market for a single
developer to buy their properties and to merge them into Business Park” Neilson
Labels: Khayelitsha Industrial Park going ahead