Gold Coast City Councils (GCCC) Business Gold Coast (BusinessGC) Economic Development Strategy (EDS) has been produced to set the direction for economic development of Gold Coast City until 2020. This strategy has been developed within the context of the Council’s Bold Future , the Gold Coast City Council corporate plan , annual report and other council organisational strategies.
Economic Development is generally measured in terms of jobs, improvements in education, health, cultural development, social opportunity and environmental sustainability. The Business Gold Coast 2020 Economic Development Strategy articulates our vision of being a city of choice for business and its residents, that is recognised internationally for its liveability, its innovation and its entrepreneurship in building a sustainable and prosperous future.
Throughout the EDS, there are two key themes:
1. Interdependence, and;
2. The importance of planning.
Interdependence comprises of social, environmental and economic development. The EDS is presented in a linear format for ease of reading, but each element of the process of economic development is interdependent and related to social and environmental issues. The EDS seeks to show the importance of each element, the relationships as well as the whole combination of elements.
The second theme is the importance of planning. Economic planning for Gold Coast City is being undertaken in a time of economic and social change. Therefore, maximum flexibility must be retained within the planning and implementation of the EDS to deal with future opportunities that are not foreseeable at this stage. Planning is critical, even if there is a recognition that plans may change quite quickly. Cities and regions must proactively plan their own futures. Local government is a core player, along with industry and others, in providing economic development leadership.
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