Five sectors will help to drive the Central Okanagan economy moving forward (Photo: KYC)

Re-branding and local investment part of the Central Okanagan economic action plan

Central Okanagan Economic Development Commission tackles five year plan

Sustainable economic growth and a competitive economy are key priority areas the Central Okanagan Economic Development Commission (COEDC) wants to tackle in its five-year economic action plan.

The commission released a three-page strategic plan on Wednesday, which focused on the Okanagan’s key economic sectors such as agriculture, aerospace, health care, film and information technology spaces.

READ MORE: Local businesses benefit from annual Business Walk

When it comes to agriculture, the commission stated more investments had to be made locally to help grow the industry in the Okanagan.

“(We need to) foster excellence in agriculture production, food processing, experiential and value-added offerings in the region to support development along the entire supply chain from production to consumption,” said the report.

The report also claimed re-branding will help to grow the health-care sector in the Okanagan at a regional level.

“We need to support health-focused ventures with business development services, connections and collaborations through the public health care system… and promote the region as the Health Care Hub of the Interior.”

To help with sustainable economic growth, the report outlined investment attraction, business retention and more regional business partnerships to help grow the five major economic sectors in the Okanagan.

COEDC economic development coordinator Corie Griffiths said the region’s diverse economic sectors outlined in the plan are an added benefit to help grow the regional economy.

“With extensive stakeholder consultation and business community input, it will set the course for the Economic Development Commission’s work over the coming five years,” said Griffiths


@connortrembley
connor.trembley@kelownacapnews.com

Like us on Facebook and follow us on Twitter.

Just Posted

New partnership lets Kelowna family save on medical transportation costs

New Hope Air and Airbnb initiative provides patients free accommodation while traveling to city centres for medical reasons

Warriors introducing pre-game happy hour in part of team’s new outlook

Happy hour starts for the first time at this Friday night’s game

WATCH: Ballet Kelowna graces the stage in Prince Rupert

The Lester Centre of the Arts hosted the group who performed Mambo and Other Works

Kelowna karate stars bring home 24 medals from B.C. championships

Thirteen athletes from Kelowna Karate and Fitness performed strong at the provincials last weekend

City of Kelowna implements two new electric vehicle charging stations

EV drivers will now have four charging options across the city

BC SPCA Kelowna holiday bake sale kicks off Nov. 7

Event will help to raise money for stray and neglected animals

John Mann, singer and songwriter of group Spirit of the West dead at 57

Mann died peacefully in Vancouver on Wednesday from early onset Alzheimer’s

Teacher tells B.C. Supreme Court that student was ‘happy’ to watch smudging ceremony in classroom

Case being heard in Nanaimo over indigenous cultural practice in Port Alberni classroom

VIDEO: B.C. high school’s turf closed indefinitely as plastic blades pollute waterway

Greater Victoria resident stumbles on plastic contamination from Oak Bay High

B.C. mayor urges premier to tweak road speeds in an ‘epidemic of road crash fatalities’

Haynes cites ICBC and provincial documents in letter to John Horgan

South Cariboo Driver hits four cows due to fog

The RCMP’s investigation is ongoing

Hergott: Day of remembrance for road traffic victims

Lawyer Paul Hergott’s latest column

Straight from DeHart

Train Station owners open another station stop

Revelstoke man who sexually assaulted drunk woman sentenced to 18 months house arrest

For the first nine months he cannot leave his home between 2 p.m. and 11 a.m. except for work

Most Read