2013_14 IDP Review.pdf - KZN Development Planning

8.6 LED TECHNICAL SUPPORTDuring 2010/11 financial year, the Department of Economic Development and Tourismappointed an LED Specialist to assist Umzinyathi District Municipality with renderingtechnical support to the LED units within the District and Local Municipalities, toensure the immediate intervention to realise economic growth and development. Theintentions of the technical support are as follows:To set up functional LED Institutional Arrangements (support structures) such asthe District LED forum, sector specific forums, LED units at Local Municipality leveletc;To identify, package and leverage funding for implementation of catalytic projectswhich will have a significant impact in the growth and development of the localeconomy.8.7 ECONOMIC VISION 2014Umzinyathi District Municipality is facing key LED Challenges which necessitated thedevelopment of the Economic vision, and these challenges are as follows: Lack of meaningful participation of stakeholders in LED process; Lack of financial resources to support LED initiatives; Limited human capacity to manage LED programme; Minimal participation of political leadership in LED remains a challenge; Lack of clear –cut opportunities in some rural areas of the municipality; Poor participation and co-operation of sector departments; Land Reform Projects have a high potential but lack leadership; and Private sector has no faith and confidence in the municipal programmes.8.7.1 Economic VisionThe Economic Vision 2014 is as follows:UMzinyathi will strive to promote a vibrant economy that concentrate on encouragingboth public and private sector investments in active economic sectors and ensurediversification in products and provide opportunities to its citizens. Vibrant; Diversification; and Provision of opportunities.Draft 2013/14 IDP Review Page 136Prepared by Umzinyathi District Municipality22 March 2013