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Billions for new mixed use precinct in Cape Town

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Cape Town - Partnership remains key for successful Marriott developments, not just in Cape Town, but the rest of Africa, Marriott International CEO Arne Sorenson told Fin24 on Friday.

"We never do it alone," he said about a R2bn joint venture with South African Amdec Group for the development of three new hotels in the Cape Town CBD.

Amdec understands South Africa and developments in this market," he said.

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