ECONOMIC DEVELOPMENT PARTNERSHIP (EDP) LAUNCHED IN CAPE TOWN
26 April 2012
The Western Cape Economic Development Partnership (EDP) launched in Cape Town today (26th April, 2012) at the Cape Town Film Studios. The event was packed to capacity with over 250 people from Western Cape business associations, industry bodies, sector development agencies, municipalities, NGOs, social movements and skills development organisations, as well as the Western Cape Premier, Helen Zille, the MEC for Finance, Economic Development and Tourism, Alan Winde, City of Cape Town Mayor Patricia de Lille and several Western Cape Mayors.
The EDP is an independent, non-partisan, membership-based organization that is being established to lead, co-ordinate and drive the economic development system of the Western Cape towards achieving more inclusive and resilient economic growth. It has been launched as a regional and local response to the countrywide imperative that economic growth is linked to jobs and is sustainable.
The EDP model is influenced by new types of intermediary organisations and cross sector partnerships that have emerged globally in the past few years in response to the scale and complexity of new economic, sustainability and urban transitions. Speaking at the launch, EDP convener, Andrew Boraine said; "Many of our public and private institutions are no longer suited to address the step-change necessary in our economy. We are looking for a new breed of organisation and a new type of collaborative leadership". Boraine explains further; "The EDP will make a difference to the extent to which it can harness the mandates, power and constituencies of its members and partners, build a culture of collaboration, and find new ways of doing things".
Boraine cautioned that meaningful change will not occur overnight, "The role of the EDP will be to build effective partnerships for inclusive growth. This will require a commitment to shared values, vision and action, and time. There are many things that can be done right now to accelerate employment creation; however, it will require at least a ten-year commitment to generate sufficient labour-absorbing growth to make a significant difference to poverty, inequality and unemployment. We are asking EDP members to make that commitment".