INTEGRATED ECONOMIC DEVELOPMENT
- Support and develop business enterprises
- Promote the economic growth and development of local economies with partnerships with key stakeholders by aligning local and regional economic development initiatives with government programmes
- Facilitate the process of empowerment and creation of an enabling business environment for previously disadvantaged individuals.
Functions under this area include:
- Enterprise development
- Regional and local economic development
- Economic empowerment
TRADE AND INDUSTRY DEVELOPMENT
- Facilitate trade promotion, retention and attraction of investment in priority sectors
- Facilitate the implementation of national and provincial priority programmes
- Create an enabling environment for sustainable economic growth and development of prioritised and emerging sectors in the Eastern Cape
- Drive implementation of programmes in these prioritised sectors: Automotive, green economy, manufacturing and tourism.
Functions under this area include:
- Trade and investment promotion
- Sector development
- Strategic initiatives.
BUSINESS REGULATION AND GOVERNANCE
- Lobby for the provision of a regulatory environment that addresses barriers in the broader environment
- Promote good corporate governance principles, stability and efficiency in doing business
- Develop, implement and promote measures that ensure the rights and interests of all consumers.
- Promote and maintain an effective and efficient regulatory system for the regulation of business, industries and sectors.
Functions under this area include:
- Public oversight
- Regulation services
- Consumer protection
- Liquor regulation
- Gambling and betting.
ECONOMIC PLANNING
- Develop evidence-based provincial policies and strategies which inform decision-making processes
- Ensure accessible scientific information to inform economic policy and planning processes.
Functions under this area include:
- Policy and planning
- Research and development
- Knowledge management
- Monitor and evaluation.
TOURISM
- Create an enabling tourism environment through legislation, policy and strategy development
- Create demand and supply for tourism
- Ensure sustainability and tourism sector transformation.
Functions under this area include:
- Tourism planning
- Tourism growth and development
- Tourism sector transformation.