Aerospace, Defence and Advanced Manufacturing Industrial Park
The CAV is an initiative of the Department of Trade and Industry and Competition (the dtic). It was incorporated as a company not for gain in 2006 in terms of section 21 of the Companies Act, Act 61 of 1973, which now is a Non-Profit Company in terms of the new Companies Act, Act 71 of 2008.
This Industrial Park is aimed at strengthening the supply chain by bringing aerospace, defence and other advanced manufacturing industry suppliers into proximity with one another and to co-locate them next to tier 1 supplier companies and anchor partners.
The CAV is being developed on State-owned land provided by the Department of Public Works (DPWI) for which a Head Lease Agreement was signed between the dtic and DPWI with agreed terms and conditions.