Annual Performance Plan 2025-26 Economic Dev

 

Summary

 

The 2025/26 Annual Performance Plan from the Western Cape Department of Economic Development and Tourism outlines a strategic roadmap to achieve a R1 trillion regional economy by 2035. This comprehensive framework is grounded in the Growth for Jobs (G4J) Strategy, which focuses on fostering a private-sector-led environment to stimulate market expansion and employment. Key objectives include tripling provincial exports, increasing research and development investment by 51%, and attracting R200 billion in private investment. The plan details seven specific programmes, ranging from trade and sector development to skills innovation, all designed to enhance economic resilience and provide opportunities for all citizens. Guided by provincial and national mandates, the document emphasizes public-private partnerships and infrastructure improvements as essential levers for sustainable growth. Ultimately, the source serves as an accountability tool to measure the government's progress in creating a diverse, competitive, and inclusive economy.