Grant Funding approved by Council – Grant funding for the next three financial years (2019 – 2022) was approved at the Council meeting held in August 2019. This funding will assist the Philippi Economic Development Initiative (PEDI) to continue with their catalytic programmes to promote economic growth and development in the area.
The approval will enable the Economic Development Department in Area South to enter into a three-year Memorandum of Agreement (MoA) with the Philippi Economic Development Initiative.
Precinct Management Unit
Pedi releases vision for informal traders – A research report outlining a strategy for developing micro-enterprises in the Philippi East Industrial Area has been completed.
The document, commissioned by the Philippi Economic Development Initiative in partnership with the City of Cape Town, and prepared by the Sustainable Livelihoods Foundation, is now being used as the basis for planning a way forward to assist informal traders to become more sustainable and to accelerate economic inclusion in the area.
Philippi Fresh Produce Market
PHILIPPI COMMUNITY, FARMERS TO BENEFIT FROM R40m INVESTMENT – Following Council approval, the City is now going ahead with agreements that will see R40 million of grant funding invested in the Philippi Agri-hub Project in Philippi East.
The City marked the launch of the project at the Philippi Fresh Produce Market facility with the signing of the agreement with the Philippi Economic Development Initiative (PEDI), a non-profit company and local implementing partner of the City.