Our priorities

The Regional Economic Development Strategy Action Plan identifies and guides collective work on the priorities and opportunities that will drive economic growth in the Loddon Campaspe region and actions to be undertaken over 2025-26 to progress outcomes.

The plan is guided by Loddon Campaspe’s Regional Economic Development Strategy (REDS), which identify strategic directions to drive growth and prosperity in regional Victoria.

The partnership has identified 5 priority sectors in the Action Plan to drive the region's economic growth:

1. Support growth in agriculture and food product manufacturing to enhance value adding throughout the supply chain
2. Pursue diversification of the tourism sector by leveraging natural, cultural, and built endowments
3. Maximise gains in the employment and innovation corridor to attract professional services workers and entrepreneurial activity
4. Foster better links between education providers, industry, research, employers and students to develop career pathways and a workforce that meets the future needs of the region
5. Leverage local opportunities to strengthen value chains and diversify into new industries, including mining, renewable energy and waste processing

These sectors offer significant opportunities to boost the economy.

The following activities will enable the region’s economy growth even further:

1. New technologies and advanced manufacturing capabilities provide opportunities for the region to increase the value of local supply chains and take advantage of changing consumer preferences for safe and healthy food products.
2. Cultural tourism, heritage and food and gastronomy will shape the tourism industry, providing opportunities to showcase the region’s unique experiences, including Aboriginal culture and knowledge, local creativity and natural landscapes.
3. Entrepreneurship, business collaboration and higher levels of population movement will drive opportunities to attract and retain professionals and continue to develop the region as a finance hub.
4. Opportunities to strengthen collaboration and coordination across the jobs ecosystem, including in the growing health care and social assistance sectors, will support employers to find appropriately skilled workers and can drive more inclusive employment.
5. Local innovation and advanced manufacturing capabilities present opportunities to drive investment in mining value chains and promote the growth of bioenergy generation and circular economy processing in the region.