Cape Town is a capital of the South African province of Western Cape. At the same time, Cape Town is the tenth largest African city as well as one of the most multicultural areas worldwide. In addition, the city is the oldest urban zone in South Africa with a significant economic output. Moreover, the Parliament of South Africa is located in Cape Town making it a prominent political hub. The city gains from textile and hospitality sector, financial operations and logistics. At the same time shipbuilding, wood and electronic production are profitable states of the city’s income. Moreover, Cape Town is a leading energy cluster covering the energy needs of the Western Cape. Nowadays the city faces a drastic rise in IT sector which makes a prominent part of the city’s economy. Simultaneously, Cape Town faces the blooming raise of the construction and real-estate market.
