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Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 3 20 Aug 05

Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 3 20 Aug 05

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Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 3 20 Aug 05. UDZ Exhibition & Conference 18 – 20 August 2005 Presentation by Li Pernegger Programme Manager for Area Regeneration. City of Johannesburg. Finance & Economic Development. Why target the Inner City?. - PowerPoint PPT Presentation

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Page 1: Welcome to the  UDZ  TAX INCENTIVE  CONFERENCE Day 3 20 Aug 05

Welcome to the

UDZ TAX INCENTIVE CONFERENCE

Day 320 Aug 05

Page 2: Welcome to the  UDZ  TAX INCENTIVE  CONFERENCE Day 3 20 Aug 05

City of JohannesburgFinance & Economic Development

UDZ Exhibition & Conference

18 – 20 August 2005

Presentation by Li Pernegger

Programme Manager for Area Regeneration

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Why target the Inner City?

• Over 201,000 jobs (15%) of the city’s employment opportunities

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What is the Inner City?Total Inner City is 1.1% of total Joburg area (1,786 ha excluding Zone 5); allowable UDZ is 690 ha

Zone 1- office & business: 28% of Inner City (502 ha) & 4,212 erven

Zone 2 – Manufacturing & industrial: 23% of Inner City (417 ha) & 2,489 erven

Zone 3 – Fordsburg +: 7% of Inner City (118 ha) & 1,858 erven

Zone 4 – Residential +: 42% of Inner City (749 ha) & 8,856 erven

Page 5: Welcome to the  UDZ  TAX INCENTIVE  CONFERENCE Day 3 20 Aug 05

Information for investors

• CGIS-hosted database• Property (erf) based information• Available free on the internet

– Free version– Subscriber version

• Better aerial photographs• More detailed planning info• Better report facility

• Short introduction to Inner City database• http://eservices.joburg.org.za

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Inner City Database

• As JV between CoJ & SAPOA• 3-year agreement• Now CBD, Newtown & Braamfontein• Soon Hillbrow & Berea

• Another useful database is the Nodal database• Also part of the CoJ-SAPOA JV• 25 economic nodes: property sector data

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Inner City & Economic Nodes

• http://eservices.joburg.org.za

• Note ongoing maintenance and extension of both databases