Statement by Western Cape Minister for Finance, Economic Development and Tourism Alan Winde: Cape Argus Tour 2012 contributed R450 million to Western Cape’s Economy
14 Mar 2012
Last weekend’s Cape Argus Cycle Tour has been estimated to have contributed R450 million to the Western Cape’s economy.
This includes revenue generated from a range of services including meals, accommodation, shopping, tourist attractions, vendors, the sale of bicycle spares and equipment and others.
Minister Alan Winde said: “The province’s hosting of the Cape Argus Cycle Tour – the world’s largest individually timed race - serves to increase our province’s exposure to the world’s market. This year’s race drew 5 000 more visitors to Cape Town than last year. Increased tourist numbers spell more income, jobs and economic growth for our province.”
Minister Winde added: “The Western Cape Government is a proud supporter of the race - hearty congratulations the event’s organisers, participants and the citizens of the Western Cape for working Better Together to deliver an excellent event.”
Phumzile Van Damme
Spokesperson for Minister Alan Winde
Cell: 084 483 2660
Issued by: Western Cape Economic Development and Tourism
14 Mar 2012
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