Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 3 20 Aug 05
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Transcript of Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 3 20 Aug 05
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Welcome to the
UDZ TAX INCENTIVE CONFERENCE
Day 320 Aug 05
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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
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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