Transcript Corporate Presentation Template

Atlantis Investment Incentives
City Meets Cape Town Chamber of Business 12th June 2014
Alderman Belinda Walker, Mayoral Committee Member for Community Services
and Special Projects
Atlantis – Creating Linkage
Saldanha Labour Pool
Potential Atlantis Labour Pool
Perceptions of Atlantis
90
80
70
60
50
40
30
20
10
0
Atlantis
Khayelitsha
Cape Town
Unemployment
% Formal
Dwellings
% earning
<R3200 p/m
Incentives
Financial
•
•
Waiver of building plan and
land use application fees
Discounted development
charges
(up to R1m debt deferral and/or write-off
for civil and electrical DCs)
•
Non-financial
•
Single point investment facilitation
function (One-stop-shop)
•
Development application fast tracking
- 5 days building plans
- 3 months land-use applications
- 2 months environmental authorization
Regularly updated spatial economic
information
Electricity tariff reduction
•
•
Broadband connection fee
waiver (located within 300m
of City network)
•
Access to skills development
opportunities
•
Biodiversity offset
Uptake
Green Technology Hub
•
Gestamp: 220 jobs – 75% from
Atlantis
Some Numbers
•
50 companies have taken up
incentives
•
R5m in savings for companies
from financial incentives
•
Leveraged R500 million in new
industry investment
•
Over 500 new jobs
•
Retained over 1000 jobs
Way Forward
Partnering with Business
•
•
•
Mr Atlantis
Atlantis Industrial Initiative
Wesfleur: Mayoral Urban
Regeneration Programme
Next Steps
•
Marketing plan
•
Continual updating and revision of
investment incentives (Investor
satisfaction survey currently
underway)
•
Early detection for businesses in
distress
•
SEZ
•
One stop shop
Thank you