In 2019 Drakenstein municipality approved a 14 year Integrated Economic Growth Strategy that sets out a bold implementation plan to achieve a global and innovative city that provides opportunities for all its residents' (IEGS, 2019). The vision is built on values that promote inclusivity, fairness and equity. Furthermore, the core pillars that support the vision are governance and institutions, infrastructure, partnerships, shared identity and social cohesion (IEGS, 2019).
The purpose of developing the draft Township Economy Strategy is to spatially locate the township economy of Drakenstein and to provide an enabling environment and governance principles to unlock the full potential of Drakenstein's township economies in light of the new economy post Covid-19.
As with the Informal Trading Enhancement Strategy the draft Township Economy Strategy is set within the context of the municipality's Vision 2032. The facets of this vision are economic dynamism, quality of life for all, a strong, well governed brand and financial sustainability (Draft SDF, 2020). Within the context of this vision the following Planning tools guide this strategy