CAV Annual Report 2021

2. STRATEGIC OVERVIEW 2.1. LINKING THE CAV VISION, MISSION AND OBJECTIVES

The CAV’s Vision, Mission and Objective statements are displayed here:

VISION To develop a world-class industrial park promoting competitiveness and sustainability

MISSION To support the achievement of a sustainable aerospace & defence Industry and to contribute to making South Africa a global player to the aerospace and defence industry value chain.

STRATEGIC OBJECTIVE To stimulate economic development by the formation of an Industrial park cluster.

Figure 1: The Vision, Mission and Strategic Objective Statement

2.2. VISION OF THE CAV To develop a world-class industrial park promoting com- petitiveness and sustainability of the Aerospace, Defence and

2.4. STRATEGIC OBJECTIVES The strategic objectives of the CAV, in order to stimulate economic development through the establishment and operation of an Industrial Park, are as follows: • To become a hi-tech advanced manufacturing industrial park in support of the Aerospace, Defence and advanced manufacturing industry; and • To provide facilities, services and a technical environment to complement and promote the common interests of the Aerospace, Defence and Advanced Manufacturing industries in South Africa

Advanced Manufacturing Sectors 2.3. MISSION OF THE CAV

To support the growth of a sustainable aerospace, defence, and advanced manufacturing industry and to contribute to making South Africa a global player in the aerospace, defence and advanced manufacturing industry value chains.

CENTURION AEROSPACE VILLAGE NPC I ANNUAL REPORT I 2020/21

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