economic-overview

Economic Overview

Economically the Langeberg is very much a working machine, but there is room for economic creativity and growth. The population is expanding and we need more job opportunities.

Agriculture is currently the biggest economic driver and together with its strong connection with the manufacturing sector, makes it a key economic driver within the LLM.

Manufacturing and Tourism however have grown substantially over the past five years and so will Commercial opportunities.

growthThere is room for growth especially in the employment sector due to the current change in the job market, which is leading to a rise in the unemployment rate. This has been exacerbated by economic constraints over the past few years ,but it does mean a strong labor force available for up and coming businesses in the area.

Manufacturing is currently the largest contributor to the LLM’s GDP and the biggest employer .Most of these activities in the region are associated with Agri- processing. However , innovative production concepts are needed to further develop this sector.

The Tourism Sector is one of the Key sectors within the Langeberg Region as it directly contributes to improving the current economy, but also because it strengthens the role of marketing the area as a whole. Here the Wine Trust has played a major role in Marketing events such as : The Wacky Wine Week-end , Wine on the River and the "SLOW" week-end.

We however need to do more to Market the Langeberg as a "Tourism Destination".

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Corner Voortrekker & Reitz Street,
Robertson, Western Cape
South Africa