Economic Development Strategy
On August 28, 2012 Council endorsed the 2012-2022 Economic Development Strategy
The Local Economy, Agriculture and Tourism have been identified by Council as one of its five key strategic focus areas in its Council Plan. The Economic Development Policy and Strategy is a core part of this focus and articulates Council’s role in facilitating innovation through local skills, business and employment.
The Strategy is the guide that allows the Economic Development Unit to fully assess the opportunities that exist to support and add value to the sustainability of local business and employment.
To prepare the Strategy several steps were pursued. These were:
Reviewing the 2005 Economic Development Strategy
Benchmarking sustainable economic development best practice
Researching the local, national and global issues and opportunities impacting upon the regions key industry sectors
Commissioning research assessing the opportunities National Broadband Network provides our local economy
Producing a strategy discussion paper for industry comment and consultation through two business symposiums, industry sector focus groups and interviews
This work has guided the development of a ten-year Council Policy and Strategy. The Policy outlines Council’s vision for the local economy focusing on sustainable economic development and innovation as a means to support key industry sectors.
The Strategy is divided into three key areas:
Global Trends and Positions - that outlines what will be required to make Yarra Ranges an “iReady” economy through soft and hard infrastructure.
Strategic Sectors - identifies five key sectors that are current and future drivers of the local economy in manufacturing, retail, home based and small business, agribusiness and health.
Target Sectors – industries that have significant growth potential matched to the regions natural and human capital assets including tourism and community business and social enterprise.
How to Access the Economic Development Strategy 2012-2022:
A copy can be downloaded by clicking on the Related Document Link or Printed copies are available at your nearest Community Link during office hours.
This version contains further insight and analysis on key trends and on the pivotal sectors of our local economy. It has been authored for consultants and economic development practitioners.
See Related Documents
For any queries regarding the Economic Development Strategy 2012 – 2022
contact 1300 368 333 or email firstname.lastname@example.org