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Economy of Centurion


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Rapid growth

Centurion has come a long way from being a sleepy southern suburb of Pretoria, with smallholdings and large open spaces. Having experienced stupendous growth since 1994, like the rest of urban South Africa, many businesses have relocated there, and property development is boosting the ever expanding city limits. This development has meant there is now little break between the outskirts of Pretoria to the north, and Midrand and Johannesburg to the south. The Gauteng Provincial Government envisages that, according to current growth trends, much of the Gauteng province will be a megalopolis by 2015.

Centurion Aerospace Village (CAV)

The CAV was formally established in 2006 in order to create an aerospace supplier park where anchor firms are at the centre of the aerospace cluster and are supported by small and medium-sized producers. The supplier park is modelled on the local automotive industry and mirrors similar international parks, such as Silicon Valley, in California, and Toulouse, in France.

The CAV is located in Pierre van Ryneveld, Tshwane, on state-owned land, adjacent to Aerosud Holdings, and along the eastern boundary of the Waterkloof Air Force Base. Aerosud was selected by the South African dti to be the industry driver and catalyst for this development.

The CAV development was made possible with the financial support of the European Union and the South African government, through the Sector-Wide Support Enterprise, Employment and Equity Programme (SWEEEP)
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