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Project Minutes | Blockchain SIG | Blockchain TED Videos | IBM Blockchain for Diamond Ind | RUBAC Video | RUBAC Projects | Disclaimer | CopyrightHome | Aboriginal Statement | A: Introduction | B: Inner West's Strategic Business Advantages | C: Inner West Economic Profile | D: Priorities | E: ConclusionINNER WEST COUNCIL DRAFT ECONOMIC DEVELOPMENT STRATEGIC PLAN SEP 2019A Introduction
The Inner West Council's Economic Development Strategic Plan has been developed in collaboration
with the community and key stakeholders.
The Strategy is Council's road map to help guide the growth of the area's economy for the next
three years.
The strategy acts on the following four key economic priorities in the Inner West Council's
Community Strategic Plan:
1. Inner West is the home of creative industries and services
2. The local economy is thriving
3. Employment is diverse and accessible
4. Urban hubs and main streets are distinct and enjoyable places, to shop, eat,
socialise and be entertained
This Plan aligns with a range of other relevant Council policies and studies such as the
Employment and Retail Lands Strategy, Integrated Transport Strategy and the emerging Local
Strategic Planning Statement.
It draws on research and data on which those policies and studies are based and an analysis of
emerging trends to help identify ways to strengthen and build the local economy into the future.
The Plan will be monitored and reviewed to address the rapidly evolving policy and economic
context to which it relates.
Objective: The role of this strategic plan is to help create jobs by supporting the growth of the
local economy and making it more competitive and resilient.
This can only be achieved in partnership with a wide range of stakeholders.
"The purpose of local economic development is to build up the economic capacity of a local
area to improve its economic future and the quality of life for all.
It is a process through by which public, business and non-government sector partners work
collectively to create better conditions for economic growth and employment generation"
(Source: the World Bank, 2017)
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