Philippi Economic Development Initiative (PEDI)
PEDI was established in 1998 as a Section 21 Company by the City of Cape Town in partnership with the Western Cape Provincial Government, businesses and the community. From the outset, its primary aim was to promote economic growth and development in the Philippi Industrial area. PEDI has had a permanent presence in Philippi since 2011. Working with project developers and service providers, PEDI is driving the dialogue between all parts of the community, creating partnerships and formulating strategies to pull Philippi out of the rut it slipped into over decades of neglect. PEDI believes Philippi can be a shining example of how disadvantaged communities in South Africa can become thriving economic hubs.
PEDI’s role in Philippi puts it in a position to promote and facilitate acceleration of economic growth. Over a billion rands worth of projects are now in process and this will see opportunities to rebuild and grow Philippi. These projects will see significant job creation, which will drive social development, education and safety. By actively building a knowledge base through commissioned research, PEDI has become a key player in shaping a collective vision for the future of the area. Investors and community leaders have agreed that a holistic approach to the redevelopment of Philippi is needed.See more