Background Image
Previous Page  11 / 40 Next Page
Information
Show Menu
Previous Page 11 / 40 Next Page
Page Background

News

T

he City of Cape Town Execu-

tive Mayor, Patricia de Lille,

opened the newMyCiTi station

at Century City. The construction of

the stationwas entirely funded by the

Rabie Property Group at a cost of R30

million, as part of their development

fees to contribute towards the cost of

bulk infrastructure.

De Lille said, “It gives me great

pleasure to be launching yet another

milestone on our journey to provide

a safe, quality and reliable transport

service to the people of Cape Town.

It has been just over four years since

we started the journey to implement

an integrated rapid transport system.

The word ‘integration’ in this sense

speaks about the integration of a

transport network to ensure a more

seamless journey for commuters.”

Celebrating the city’s partnership

with residential and commercial

property developer, the Rabie Prop-

erty Group, she said: “We have found

that to be able to provide a world-

class transport service we need to

integrate ideas and formpartnerships

and cooperate with key stakeholders

in our city. Rabie shares our visi0on

to provide quality transport and in-

frastructure. This project is a prime

example of how well private and

public partnerships can work. And it

is a further demonstration of howwe

are connecting residents all over the

city with job opportunities, as this

route links to a number of residential,

industrial, retail and office develop-

ment areas.

The developers contribution to-

wards bulk infrastructure was offset

against the design and building of the

MyCiTi Century City station. This rep-

resents the most significant private

sector contribution towards public

transport improvements made in the

City to date.

The City of Cape Town will man-

age, maintain and operate the sta-

tion in terms of the agreement with

Century City. The station will also

include retail space and those stores

will benefit from pedestrian traffic

at this prime location. The revenue

derived from the leasing of this space

will form part of additional income

streams for the City’s Transport de-

partment.

De Lille concludes, “The City of

Cape Town is open for business and

we are open to integrating ideas and

projects that will bring greater socio-

economic gains tobenefit the city and

its residents. By working together we

are able to make progress possible

through delivering a sustainable

transport sector. Working with the

private sector, we are able to domore

quicker.”

City and Rabie partner

Patricia de Lille