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Project 13: Cape Point Film Studios

Project 13: Cape Point Film Studios

Sector: Infrastructure & Manufacturing

ZAR581 million (USD43 million or €36.7 million)

Project Summary

Cape Point Film Studios (CPFS) aims to develop the first purpose built four precincts Sea and Underwater Sound Stage in the Southern Hemisphere. There has been growing demand for production facilities of an international standard in South Africa by Hollywood producers and therefore CPFS aims to address this shortfall by offering unique and niche water stage facilities that are currently not available in the country in addition to existing sound stages. The project has great job creation potential and will assist to revive an economically-depressed area in Atlantis, Cape Town.

Location Cape Town, Western Cape
Project Development Stage Pre-Feasibility Study
NEF Investment to Date ZAR3.5 million (USD264 000 or €220 000)
NEF Equity  22.40%
Project Promoter Cape Point Film Studios (Pty) Ltd
Projected Financial Close Requirement ZAR581 million (USD43 million or €36.7 million)
Jobs Created 50 direct and 4 500 indirect
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