The impact of the city of Cape Town in the 2010 FIFA World Cup ™ investment will be significant and have far-reaching benefits for the city for a long time after the tournament to come and gone.
It was a confident assessment of today with the city of Cape Town mayor Helen Zille, as it had in the city of Council members.
Beautifully "mother city" of South African Tourism is the pearl, with millions of visitors a year flocking to the cities, pristine beaches, mountain ranges, wine farms and a lot of tourist spots. City gorgeous Green Point Stadium will host the 2010 FIFA World Cup semi-finals, as well as the city is 2010 FIFA World Cup Final Draw 4 December next year.
"In exchange for the creation of about one billion rand bets money on the stadium, transaction costs and public transport, taxpayers benefit of Cape Town two billion rand upgrade the airport, 1.3 billion rand Bus Rapid Transit system, more than 1 billion rand worth of modernization of major roads, about 1 billion rand to upgrade electricity production infrastructure, 400 million rand to upgrade the central railway station, 1.2 billion rand for the new trains, and hundreds of millions of rand value of the modernization of public spaces and facilities, "said Zille, in his speech at the Cape Town city the Council this morning.
She said the construction of significant progress with this project is very much on the way to meet its deadlines, with a focus over the next year on completion of erection of the roof and facade of the stadium.
"I would like to thank the 2 500 workers at the facility, as well as our joint venture construction company Murray and Roberts and WBHO, the city of a professional team and our 2010 project team for their hard work to ensure we maintain this pace of delivery. Besides the stadium, we also executed 55 per cent of the detailed planning of transport for 2010, 30 per cent of the operational plan, and almost 28 per cent of other planning work to be, "said Zille.
Replying to a question about budget overruns, she said that this is a global phenomenon, and well-managed city.
"At 498 million rand to the operational budget for 2010, within the next three years is not all at the expense of the city. There are other sources of income that will cover this cost. National governments are still being paid to the city operating grant of 78 million . rands, and pointed out that the city can expect more aid, "said Zille.
In addition to the heritage of the advantages of the airport, road and modernization of transport infrastructure in the city of Cape Town, Zille also said that a significant impact hosting the 2010 FIFA World Cup will be on tourism and create jobs in the area. She noted that without the 2010 FIFA World Cup, none of these improvements will be possible.
"If we have not yet agreed to build the stadium, most of these investments by national governments would instead have been concentrated in Johannesburg and other cities. That would be a tragic missed opportunity of Cape Town," said Zille.
Zille: 2010 Investment
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