1. The GTZ Product Local/Regional Economic Development
LED Experience Exchange
Phu Quoc
24th-26th of September 2008

2. Characteristics of LRED
There is no "blueprint" for LRED-Projects. Objectives, concepts, interventions and approaches are often different depending on the professional background (f. example social vs. economic orientation) of the people involved.
Planning of LRED projects depends on the situation in the respective region and should include different change projects rather than a fixed plan/strategy.
M+E
Verbreitung/ Anpassung
Knowledge
Mangement
Cap.Building
Upscaling/
Adaptation
Joint vision
Strategic
objectives (2-3)
Change
Projects
In all cases one rule applies: LRED is always a change process which is
achieved by networking between different stake-holders. Therefore LRED is not
a concept or instrument but rather a process.

3. Conditions for a successful LRED process
Sufficient number of private companies and a minimum of organizations.
A minimum of supporting agencies (service providers).
Economic potential, not only subsistence economy .
A minimum of social and material infrastructure (energy, roads, education etc.)
Commun understanding of the stakeholders regarding the problems/challenges and a general willingness to change (certain pressure is felt by all stakeholders)
Willingness and capacity of the private and public sector to enter into a constructive dialogue.
Capacity to lead and govern of the main stakeholders (local champions).

4. Principles of the LRED approach
capacity building
spatial orientation
transpa-rency
partnership orientation
learning cul-ture and sys-temic thinking
participation
process orientation
market driven
impact orientation
opportunity driven
strategic orientation

5. Instruments for LRED interventions at different levels
Meso
CEFE-creation of business competences
Capacity building of institutions (Business Associations)
Investment- promotion
Employment promotion
Access to market information (e-commerce)
PACA
e-Government
Introduction of new technologies
New financial services
Preparation of businesses
BDS centers
incubators
Value chains
Mikro
Businessplan-contests
Promotion activities
Technical training
Fairs
Subcontracting-Programs
Investment promotion
Strengthening of existing companies (Mentoring)
Business networks (Cluster)
Purchase and sales organizations
Business linkages

6. Instruments for LRED interventions at different levels
Interventions at micro and meso level are not sufficient
Meta
Strengthening of interinstitutional/ business cooperation
Public private dialogue
Knowledge management instruments
Leadership training
Stakeholder-fora
Regional trade
Macro
legal framework for enterprises
Administrative reform
Tax incentives
Property rights
Locational policy
Industrial parks
Territorial planning
Reforms in the public sector
One stop shops
Economic infrastructure

7. THANK YOU FOR YOUR ATTENTION!