Ray Smuts TOURISM ASIDE, Cape Town must be the envy of many comparable and even larger cities worldwide as foreign investment continues to soar to new heights - expected to top R1 billion come December. Obviously delighted at the state of affairs is the Cape Town Partnership which announced at its third annual meeting it expects to exceed its R1 billion target for new investment, transactions and new leases signed for the city - already standing at R750 million for the first nine months of 2002 - before the year turns over a new calendar leaf.
CT targets R1bn in new investments this year
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