Growth-for-Jobs-Strategy-2023-Cabinet-Approved.pdf

Summary

The Western Cape Government's Growth for Jobs Strategy is a comprehensive policy framework designed to achieve significant economic expansion and job creation by the year 2035. The strategy outlines an ambitious goal of reaching a R1-trillion inclusive economy with annual growth rates between 4% and 6%. To realize this vision, the province identifies seven priority focus areas, including investment, energy resilience, water security, and technological innovation. The core philosophy emphasizes that while the state acts as a horizontal enabler, the private sector is the primary engine of employment. By addressing binding constraints like the national energy crisis and infrastructure limitations, the government aims to decouple the province's growth from sluggish national trends. Ultimately, this plan seeks to foster a thriving, sustainable, and competitive environment that restores hope and prosperity to all citizens.