Council
7 December, 2023
Council’s report card
Somerset Regional Council has released the first annual scorecard review of its economic development strategy, The Next Horizon, which outlines progress made on key strategies and actions to grow Somerset’s economy.
Economic Development and Tourism Advisory Committee member, Councillor Cheryl Gaedtke, is pleased with progress made on the strategy so far.
“The Next Horizon strategy set the framework and direction for Council to achieve economic growth in our region for the next 10 years,” Cr Gaedtke said.
“This first annual scorecard review details the progress we have made in the last year and the tangible benefits that are being delivered to our residents and the broader economy.”
The strategy focuses on three key approaches to drive growth, including marketing and promoting the region, planning for the future and facilitating change.
The 2023 annual scorecard review highlights actions and projects completed since the strategy’s adoption in December 2022 which include:
Actively promoting key messages about the region to support its competitive advantages, opportunities and lifestyle.
Developing a regional business investment prospectus and conducting a social media marketing campaign.
Securing catalytic infrastructure investment and advocating for improved infrastructure services including telecommunications, digital and NBN services.
Developing centre improvement strategies for Somerset’s major towns including Lowood Futures Strategy and Kilcoy Streetscape Revitalisation project.
Facilitating business investment into the region and delivering workshops to build local business capacity and capability.
Somerset Regional Council remain committed to working with the region’s industry and business community to pursue economic development and expansion opportunities.
