Economic strategy to be open for public comment

Central Coast Council will open its Draft Economic Development Strategy 2020-2040 and its Economic Recovery and Resilience Framework for public comment.

The draft strategy includes a list of "priority actions" including democratising economic planning and collaborating with local industry to prepare a visitor economy growth action plan and a road map to enhance international economic engagement.

It reiterates the long-term objective that, by 2040, the Central Coast will welcome nearly 88,000 new residents, grow the economy by over $21 billion, and create over 72,000 new jobs.

The draft Framework aims to keep businesses active, support jobs, foster human capital growth, increase community outreach, and drive collaboration and innovation.

Mayor Cr Lisa Matthews said the importance of planning for future economic challenges had been underscored by the impacts of the Covid-19 pandemic.

"Council must play its role to enable economic development that can increase local employment opportunities and provide a range of jobs for all residents."

Both documents will be available for online comment at yourvoiceourcoast.com for a 28-day-period with an analysis of the public submissions to be considered by Council's Employment and Economic Development Advisory Committee.

SOURCE

Central Coast Council agenda 2.2, 9 Jun 2020