LOCAL ECONOMIC DEVELOPMENT

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LOCAL ECONOMIC DEVELOPMENT
CREATING OPPORTUNITIES FOR A BETTER LIFE FOR ALL
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MACRO CONTEXT

• Fast changing global,national and regional
  economic context
• Constitutional and Legislative framework
• Local agencies with interest in local economic
  development (Business, Unions, NGOs, CBOs
  government agencies)
• Local resources - Natural, Human Social

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VISION / SOCIAL PURPOSE TO ATTAIN LOCALLY DRIVEN
ECONOMIC GROWTH THAT IS ENVIRONMENTALLY
SUSTAINABLE AND SOCIALLY INCLUSIVE
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STRATEGIC OBJECTIVES

• ATTRACT INVESTMENT
• PROMOTE DEVELOPMENT OF SMALL, MEDIUM, MICRO
  ENTERPRISES
• CREATE JOBS AND OPPORTUNITIES
• DEVELOP LOCAL HUMAN RESOURCES

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ATTRACTING INVESTMENT STRATEGIES

• Within 2 years
• Create LED Unit within the municipal structure
• Create partnerships with local business
• Review policies, regulation and by-laws that
  impact on business
• Develop appropriate package of incentives
• Identify and support local agencies that run
  Human Resource Development programmes
• Identify and make serviced land available
• Streamline approval and licensing procedures
• Review underused minicipal assets

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ATTRACTING INVESTMENT STRATEGIES (continued)

• Take steps to retain local business
• lower business costs
• ensure provision of amenities - health, housing,
  recreation, child care, public safety and
  security ...(to be funded from provincial
  departments in accordance with IDP)
• Ensure provision of quality infrastructure
• Transport, water, electricity, roads,
  telecommunications ...(source of funding CMIP,
  DWAF, Vodacom, Telkom in line with IDP)

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ATTRACTING INVESTMENT STRATEGIES

• 2 - 4 Years
• Focus on specific sectors based on locally
  available resources e.g. Agriculture or tourism
  (funding Depts of agriculture, environment and
  tourism)
• Identify areas for possible development of
  Business Improvement Districts
• Plug income leaks by promoting "buy local"
  campaigns (funding budget)
• Support Human Resource development initiatives in
  local business (Dept of labour)

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ATTRACTING INVESTMENT STRATEGIES

• 5 - 6 years
• Develop Business improvement Districts
• Provide infrastructure in new areas (CMIP,
  Budget, ESKOM, Telkom)

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PROMOTING DEVELOPMENT OF SMME STRATEGIES

• 2 years
• Review by-laws, policies and regulations
  affecting SMMEs
• Change procurement policy to favour SMME
  development
• Create database of local SMMEs ... competencies,
  skills, products etc
• Link LED Unit with other SMME support Agencies
  ... Manufacturing Support Centre, SMME Advice
  centre with a view to create one stop centre

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PROMOTING DEVELOPMENT OF SMME STRATEGIES
(continued)

• Provide infrastructure
• Facilitate Business Skills Development
• Encourage Co-operative business activities ...
  bulk buying
• Assist with applications for LED and other funds

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Promoting SMME development Strategies

• 2-3 years
• Develop SMME incubator and link with one stop
  centre
• Assist with marketing of local products
• Encourage and assist recycling SMMEs
• Fast-track provision of land and housing
• Create linkages with formal business
• 4 - 5 years
• Develop and ecourage micro-finance structures

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JOB CREATION Strategies

• Use labour intensive methods in infrastructure
  delivery.
• Assist local community initiatives.

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HUMAN RESOURCE DEVELOPMENT Strategies

• Develop and implement ABET programme for low
  level employees
• Support for NGOs that implement skills
  development for women, youth and disabled ...
  assist them to access funds
• Keep database of local job opportunities and
  graduates
• Implement Government Programmes ... Dept of
  labour ...skills development Act

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SUMMARY
VISION STRATEGIC OBJECTIVES STRATEGIES ACTIVI
TIES OUTPUTS