Eastern Cape Economic Strategy

Posted On Friday, 23 March 2001 03:01 Published by eProp Commercial Property News
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The Eastern Cape Department of Economic Affairs, Environment and Tourism has published the "core elements" of its strategic plans for the province. These elements will guide future investment and development strategies.

Property-Housing-ResidentialThey include: To promote spatially focused investment strategies that concentrate resources in specific geographical areas through a "crowding in" process.

This refers particularly to the Wild Coast SDI, and to the East London and Coega Industrial Development Zones; to focus attention on exploiting and extending the Province's competitive and comparative advantages; for example in the motor vehicle and motor components industry, and in processes which add value to local primary production; to improve the competitiveness of existing economic activities.

Particularly in terms of promoting inter-industry collaboration through the industrial cluster process; to facilitate access to new opportunities in the small and medium-sized business sector; to promote and encourage new investment in the Province.

Especially [though not exclusively], foreign direct investment; to ensure that appropriate infrastructure investment is undertaken in order to improve the prospects for growth-generating investment by the private sector; to promote a co-ordinated approach to human resource development and capacity building.

In order to ensure a measure of alignment with industry skills needs; and to undertake a process of internal organisational and administrative re-structuring in order to improve the Department's efficiency, competence and service delivery capacity.

Last modified on Wednesday, 25 June 2014 19:47

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