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The commercial sector is
recognized by all the cities, and relates to private investment - e.g.
‘We define the private sector as a company where more than 50% of the
capital comes from private investors and the company’s board must also
consist of a majority of private investors’ (Copenhagen) and ‘The
general understanding of the private sector in the context of
neighbourhood management and the programme “socially integrative city”
includes the following persons and entities.
For Hamburg: ‘The following
protagonists belong to the private sector and important for the area.
All actors have profitably aims and have with government / municipal
involvement. The order reflects the ranking.
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Owners of apartment and commercial real estate.
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Small investors – individuals.
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Local small and mid-size enterprises.
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National companies
(Housing co-operatives also
belong to the private sector; however, they do not have profit
motives)’. |
