The City of Cape Town will be looking to infrastructure spending as a means to deal with a 19% unemployment rate which is crippling the metro’s development.
R2.6 billion worth of investments have been made available for infrastructure for the 2016/2017 year, prompting Mayor Patricia de Lille to establish a commitment on the city’s part to utilise the opportunity to create jobs.
The city says this way the investment into the city will take place in more than one way.
The announcement comes after Mayoral Committee member, Brett Heron announced a 180-degree turnaround for the city’s affordable housing plan, promising integrated and socially conscious space to be made available within the inner-city.
Cape Town is one of the most congested cities in the country, with a growing population and an equally growing need for residential and business space.
The move, therefore, has been seen as only natural by most commentators.
"We've created 6236 direct jobs, but the role of the City of Cape Town is also to make sure that we invest in infrastructure so that we create that environment conducive to create jobs in our city”, said de Lille.