CAV Annual Report 2021

FOREWORD BY THE DEPUTY DIRECTOR-GENERAL (DDG) OF the dtic

the dtic will continue to devote increased resource and policy support in pursuit of the huge ambitions we all have for the CAV. In the coming year, focus will be given to the incorporation of the CAV into the Gauteng Growth Development Agency. This process is critical to support the CAV to secure Capital Funding to service the growing needs of interested tenants. It is my expectation that the experienced CAV board and management team will continue to make 2020/21 another year of great achievements.

I am delighted to write the foreword for this edition of Centurion Aerospace Village (CAV) Annual Report. the dtic recognised the need for an aerospace and defence industrial park to be a key component in the industrialization plan, hence the birth of the CAV. The CAV is intended to offer a complete array of industrial real estate solutions to hand- picked selection of national and global industrial aerospace and defence leaders. I am proud to state that the CAV Value Proposition approach has already yielded some results where at least pre-lease agreements and letters of intents were signed. This renewed interest is as a result of increased marketing activities combined with bulk infrastructure construction activities taking place on the Landside Development site. The CAV has welcomed s new tenant, in its soon finished Aerospace Training and Certification Centre building.

…………………………………………….. Thandi Phele Deputy Director-General (DDG) Industrial Competitiveness and Growth Department of Trade, Industry and Competition

CENTURION AEROSPACE VILLAGE NPC I ANNUAL REPORT I 2020/21

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