Economic Development Specialist

Placements24; East London; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Medical aid

Pension fund

Performance-based incentives

Hybrid work model

Job summary

Placements24 in East London is seeking an experienced Economic Development Specialist to design and execute strategies that stimulate local economies, attract investment, and support SMEs. The role collaborates with government bodies, private sector partners, and community groups to drive sustainable employment.

The ideal candidate holds a Master's degree and 7+ years in economic development, regional planning, or investment promotion, with proven project management and stakeholder engagement

Job description

About the Role

Our client, a forward-thinking development agency focused on fostering economic growth and community prosperity in the Eastern Cape, is seeking an experienced Economic Development Specialist. This crucial role involves designing and implementing strategies to stimulate local economies, attract investment, and support small business development within the East London region. You will collaborate with government bodies, private sector entities, and community organizations to identify opportunities, facilitate growth, and create sustainable employment. The ideal candidate will possess a strong understanding of economic principles, regional development strategies, and a proven track record in project management and stakeholder engagement. This is a significant opportunity to shape the economic future of East London and contribute to meaningful development in the province. You will be a key player in driving positive economic change.

Key Responsibilities

• Develop and implement comprehensive economic development strategies for the region.
• Conduct research and analysis of local economic trends, opportunities, and challenges.
• Identify and promote investment opportunities to attract local and international businesses.
• Provide support and resources to small and medium-sized enterprises (SMEs).
• Facilitate collaboration between businesses, government, and community stakeholders.
• Manage economic development projects from conception to completion.
• Develop and present reports, proposals, and policy recommendations.
• Organize forums, workshops, and events to promote economic dialogue and collaboration.
• Stay abreast of national and international best practices in economic development.
• Represent the agency at relevant economic development platforms in East London and beyond.

Requirements

• Master's degree in Economics, Business Administration, Urban Planning, or a related field.
• Minimum of 7 years of experience in economic development, regional planning, or investment promotion.
• Proven experience in developing and implementing successful economic development strategies.
• Strong understanding of economic drivers, market analysis, and investment attraction.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Demonstrated ability in project management and stakeholder engagement.
• Exceptional communication, negotiation, and presentation skills.
• Knowledge of the economic landscape and development challenges in the Eastern Cape, particularly East London .
• Proficiency in economic modeling software and data analysis tools.
• A commitment to sustainable economic growth and job creation.

Benefits

• Our client offers a competitive salary package commensurate with experience and a comprehensive benefits plan, including medical aid, pension fund, and performance-based incentives.
• This role provides significant opportunities for professional growth and the chance to lead impactful economic initiatives in East London .
• The position offers a hybrid work model, combining remote flexibility with necessary in-office collaboration.