Economic Planning | Western Cape Government

Economic Planning

Summary

 "We provide support to the provincial leadership and enable economic growth through the generation and co-ordination of economic research and planning, and through the active support of key economic thematic drivers and enablers that will stimulate economic growth across the economy and within sections of the economy."


 

CATALYTIC INITIATIVES

 

Infrastructure is vital to stimulate investment and GDP growth by creating an enabling environment for business. Catalytic Infrastructure (infrastructure for business) acts as a facilitator and enabler for the mobility of labour, capital and other inputs to production, thus improving productivity and reducing costs. It increases information flows; opens new opportunities specifically for job creation purposes; increases competition and reduces asymmetries and other market imperfections or failures. Examples of catalytic initiatives include economic and industrial zones, hubs, and tourism attractions.