Accelerating the CapeGuy Lundy

Understanding our competitors

Cape Town

Johannesburg

DurbanPort Elizabeth East London

Pretoria

Dubai

Singapore

Barcelona

Bangalore

Austin

Sydney

Port Louis

What makes a world class city?

Becoming a “world class” player requires:

Uniqueness

Focus

Global orientation

Innovation

A sensitive radar system

Ability to attract talented young people

Social and environmental responsibilitySource: Clem Sunter

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 BrebnorJohannesburg Chamber

of Commerce

Opportunities

• We have great international goodwill• Natural environment• Revitalised city centre• Ports at Cape Town and Saldanha• Position on major trade routes and proximity

to West African oilfields • Comparative skill levels• 4 universities• Diverse population

Challenges

• The rest of the country doesn’t take us seriously• It is difficult to attract and retain business and talent• We have a leadership and vision vacuum • There is lack of cohesiveness• Inequality – “Cape Town is surrounded by a ring of

fire” – Clem Sunter• Complacency – “There may be a ring of fire, but there

is no burning platform” – Mike Freedman• Infrastructure is being strained• Parastatals run out of Pretoria• Negative media/attitude around 2010

Southern Comfort

Our current reality

InclusiveExclusive

High growth

Low growth

Scenarios for 2025

Types of city transformations…

• Awakening - Singapore, Dubai• Turnaround: Re-birth - Johannesburg• Turnaround: Re-invention - Barcelona, Glasgow• Pre-emptive strike - Melbourne

Which type represents Cape Town?

The Death of Cape Town?OM’s move to Jo’burg presents the Mother

City with the prospect of a business exodus.Mail & GuardianJanuary 2007

What is needed in the Cape?

• Long-term vision: Define what Cape Town can be in 20 years

• Understand and agree what is unique about the “city region” of the Cape i.e. what can’t be replicated by the Chinese

• Understand that we have few binding constraints• An image makeover• An attitude adjustment• Self-confidence• BIG thinking• Partnerships

“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

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.

Why the City Region?

• Development occurs in geographic space• Business doesn’t care about municipal boundaries

“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

What does ACT do?

Think Network Influence Mobilise

ConnectedCape Town

Visitor Welcome

Project

GreenEnergy

InnovationHub

ACT

Taking action

Contact details:

Guy Lundy

CEO

Accelerate Cape Town

021 4087425

guy@acceleratecapetown.com

www.acceleratecapetown.com