THE Port Lincoln City Council will apply for $40,000 from the Building Better Regions Fund community investment stream to develop an Economic Development Strategy.
The council will also contribute $20,000 to the strategy – which will give the council guidance on how to influence economic development opportunities within Port Lincoln and the region – if it goes ahead.
Mayor Bruce Green said he thought an Economic Development Strategy was something Port Lincoln “really needed”.
He said as a council Port Lincoln was “lacking” without a Economic Development Strategy.
“We are one of the few councils in the state without an economic development manager let alone a strategy,” Mr Green said.
“I do think this is an opportunity worth taking and think it’s something which is really needed.”
Port Lincoln councillor and Chamber of Commerce and Tourism committee member Jim Papazoglov said this was something the chamber had been “screaming out for”.
“I think $20,000 is a small investment to where it could lead,” he said.
“Economic development is something everyone is talking about and I think that $20,000 could bring millions into the town if done properly.”
Councillor Faye Davis said she was in two minds about seeking funding for the strategy but acknowledged it was something Port Lincoln needed.
She said Port Lincoln could be affected if a port at Cape Hardy progressed and there were changes to grain delivery so the council needed to have a “clear head” about the city’s future economic development.
“I think there is an opportunity to work with the Lower Eyre Peninsula District Council and Tumby Bay District Councilon this; other councils like Port Pirie, Port Augusta and Whyalla are all working very strategically together,” Ms Davis said.
“Port Lincoln and the region could look very different in the future and we need to stay abreast of that.”