Cape Town’s economic growth is boosted by a network of 11 Special Purpose Vehicles (SPVs), each representing a different industry sector. These collaborations have resulted in a combined economic impact of R45 billion and the creation of 50,000 jobs in the last five years. The SPVs act as accelerators that enhance workforce skills, generate employment, and foster economic growth, reshaping the future of Cape Town. The city’s comprehensive support for these collaborations aims to cultivate a more businessconducive environment and empower individuals.
