Organising Local Economic Development

The Role of Development Agencies and Companies

image of Organising Local Economic Development

Development processes occur within a wider geographical area than local government, and in some cases encompass a broader scope than provincial or national governments. Thus substantial inter-governmental co-operation and public-private partnership are needed. This book identifies how development agencies and companies work, what they do and what constitutes success and value added. It explores international practices in a variety of locations and contexts, and defines both the success factors and the challenges associated with economic development agencies and companies.



Cape Town Partnership

The Cape Town Partnership (CTP) was established in July 1999 by the City of Cape Town and key private sector partners to manage, promote and develop the Cape Town Central City. The Partnership’s vision is of an “inclusive, productive and diverse city centre that retains its historic character and reflects a common identity for all the people of Cape Town.” A city centre management vehicle, the Central City Improvement District (CCID) was launched by the Partnership in November 2000, as an integrated operation within the CTP, but with a separate board and financing mechanism (CTP, 2006).


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