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Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
Accelerate Cape Town
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Accelerate Cape Town

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A presentation by Guy Lundy, CEO of Accelerate Cape Town, a private sector organisation aimed at driving long-term economic growth in the Cape Town region.

A presentation by Guy Lundy, CEO of Accelerate Cape Town, a private sector organisation aimed at driving long-term economic growth in the Cape Town region.

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  • Transcript

    • 1. Accelerating the Cape Guy Lundy
    • 2. Understanding our competitors Cape Town Johannesburg Durban Port Elizabeth East London Pretoria Dubai Singapore Barcelona Bangalore Austin Sydney Port Louis
    • 3. What makes a world class city? <ul><li>Becoming a “world class” player requires: </li></ul><ul><li>Uniqueness </li></ul><ul><li>Focus </li></ul><ul><li>Global orientation </li></ul><ul><li>Innovation </li></ul><ul><li>A sensitive radar system </li></ul><ul><li>Ability to attract talented young people </li></ul><ul><li>Social and environmental responsibility </li></ul>Source: Clem Sunter
    • 4. Understanding how the world sees us “ I`d imagine that being in Cape Town or Durban, you`d feel out of that international loop. Cape Town and Durban are basically villages.” Keith Brebnor Johannesburg Chamber of Commerce
    • 5. Opportunities <ul><li>We have great international goodwill </li></ul><ul><li>Natural environment </li></ul><ul><li>Revitalised city centre </li></ul><ul><li>Ports at Cape Town and Saldanha </li></ul><ul><li>Position on major trade routes and proximity to West African oilfields </li></ul><ul><li>Comparative skill levels </li></ul><ul><li>4 universities </li></ul><ul><li>Diverse population </li></ul>
    • 6. Challenges <ul><li>The rest of the country doesn’t take us seriously </li></ul><ul><li>It is difficult to attract and retain business and talent </li></ul><ul><li>We have a leadership and vision vacuum </li></ul><ul><li>There is lack of cohesiveness </li></ul><ul><li>Inequality – “Cape Town is surrounded by a ring of fire” – Clem Sunter </li></ul><ul><li>Complacency – “There may be a ring of fire, but there is no burning platform” – Mike Freedman </li></ul><ul><li>Infrastructure is being strained </li></ul><ul><li>Parastatals run out of Pretoria </li></ul><ul><li>Negative media/attitude around 2010 </li></ul>
    • 7. Our current reality Southern Comfort
    • 8. Scenarios for 2025 Inclusive Exclusive High growth Low growth
    • 9. Types of city transformations… <ul><li>Awakening - Singapore, Dubai </li></ul><ul><li>Turnaround: Re-birth - Johannesburg </li></ul><ul><li>Turnaround: Re-invention - Barcelona, Glasgow </li></ul><ul><li>Pre-emptive strike - Melbourne </li></ul><ul><li>Which type represents Cape Town? </li></ul>The Death of Cape Town? OM’s move to Jo’burg presents the Mother City with the prospect of a business exodus. Mail & Guardian January 2007
    • 10. What is needed in the Cape? <ul><li>Long-term vision: Define what Cape Town can be in 20 years </li></ul><ul><li>Understand and agree what is unique about the “city region” of the Cape i.e. what can’t be replicated by the Chinese </li></ul><ul><li>Understand that we have few binding constraints </li></ul><ul><li>An image makeover </li></ul><ul><li>An attitude adjustment </li></ul><ul><li>Self-confidence </li></ul><ul><li>BIG thinking </li></ul><ul><li>Partnerships </li></ul>“ We want Cape Town to be Africa’s leading City. I would like to re-emphasise that we cannot do this without the private sector.” Helen Zille
    • 11. Accelerate Cape Town (ACT) A private sector initiative aimed at bringing together stakeholders in the Cape region to develop and implement a long-term vision for sustainable, inclusive economic growth.
    • 12. Why the City Region? <ul><li>Development occurs in geographic space </li></ul><ul><li>Business doesn’t care about municipal boundaries </li></ul>“ In the world that I live in there are no examples of successful cities that don’t have flourishing regions working around them or successful regions that don’t have at their core a leading successful city.” Greg Clarke, OECD
    • 13. What does ACT do? Think Network Influence Mobilise
    • 14. Taking action Connected Cape Town Visitor Welcome Project Green Energy Innovation Hub ACT
    • 15. Contact details: Guy Lundy CEO Accelerate Cape Town 021 4087425 [email_address] www.acceleratecapetown.com

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