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Prime airport land made available

Posted On Monday, 21 May 2001 03:01 Published by
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HUNDREDS of hectares of prime vacant land at Cape Town International Airport (CIA) could become the catalyst for kick-starting and sustaining regional economic growth.

HUNDREDS of hectares of prime vacant land at Cape Town International Airport (CIA) could become the catalyst for kick-starting and sustaining regional economic growth. Key stakeholders from
government, business and the tourism and transport industries were yesterday informed about the
600 hectares of prime land which provided the Airport with the potential to grow into a dynamic
hub of commercial, industrial and retail activity.
An independent development economist from the United States, Randall Gross, briefed the regional
leaders in Cape Town on the growth strategy for the Airport. "This is the first of six phases to
shape economic development at the airport and thus position the province as an esteemed participant
in the global economy," says Gross.
"Throughout the world, airports play an important role in regional economic development. They are
known as employment generators, transportation hubs, global links and business amenities. Similarly,
Cape Town International Airport has various sector growth opportunities," says Gross.
Some of these include tourism and conventions, high tech services associated with e-commerce,
niche agricultural markets, plastics, packaging, film and video production.
General Manager at the Airport, Monwabisi Kalawe, who hosted the seminar, welcomed local and
provincial government's active participation in the Airport's economic development process.
"Today's seminar is the culmination of a team effort whereby the Airports Company South Africa
(ACSA) and the local and provincial authorities have collected valuable data for strategic planning
purposes. The on-going survey has thus far canvassed 700 questionnaires and conducted 150
interviews.
"Mr Gross clearly identified our strengths and weaknesses and defined the growth areas and success
of other countries such as Australia and Malaysia. These inputs will help ACSA to adopt a
market-driven land development strategy and policy," says Kalawe.
Cape Town International Airport, as a destination airport rather than a distribution hub, expects
12 million passengers to move through its facilities by the year 2015.
ACSA is set to spend more than R500 million over the next five years at Cape Town International
Airport to expand and improve the infrastructure to fulfil the growing needs of the aeronautical
industry. These include the upgrading of runways and aircraft parking to handle the new generation
larger aircraft, terminal buildings, a multi-storey car park, an hotel and a freight centre.
"We are ready to oil the wheels of economic development in the region. After today's deliberations
we will draw up an interim position paper and ultimately implement an effective and goal orientated
action plan," says Kalawe.


Publisher: Cape Business News
Source: Cape Business News
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