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Developing Ryde's Economy

The City of Ryde Economic Development Plan 2015 – 2019 (REDP) was adopted by Council on 10th March 2015.

The REDP has been prepared to stimulate the economy by fostering new small business, supporting employment and training, and encouraging investment.

This was the result of a thorough consultation process with the community, analysis of the local economy and consideration of all relevant State Government plans. 

The broad underlying principles guiding the REDP include:

  • Increase the success rates of new small businesses
  • Reduce the rate of unemployment in local area
  • Attract investment into the city
  • Avoid duplication of services
  • Deliver all programs in partnership with local stakeholders.

The REDP contains one vision, six goals, nine objectives and 23 specific projects to be delivered over the five years.

Vision

“By 2019 City of Ryde will have a dynamic, business-oriented local government and be recognised as Sydney’s premier location for employment and globally competitive business with strong links to education and training. Our City will be vibrant with a dynamic business-enabling environment, and our community will be leaders in sustainable transport.”

Goals

  • Goal 1: Macquarie Park continues to attract new businesses and a talented workforce
  • Goal 2: Town and neighbourhood centres are vibrant and attractive for residents, employees and visitors
  • Goal 3: Small businesses thrive in an environment of relevant information, training and networking opportunities
  • Goal 4: Job seekers find work locally via employment services, vocational training and work experience opportunities
  • Goal 5: People can freely move into, out of, and around City of Ryde using modes of transport that are sustainable
  • Goal 6: Market investment opportunities and permit a variety of activities in the city’s employment

Objectives

  • Objective 1: Macquarie Park reaches 1,250,000 m2 of commercial office space by 2019
  • Objective 2: By 2019 businesses in Macquarie Park report a 10% improvement in attracting and retaining talented staff compared to 2015 levels
  • Objective 3: By 2019 Businesses in town and neighbourhood centres will report a 10% improvement in vitality and increased visitors as identified by a business survey compared to 2015 levels
  • Objective 4: Small business programs supported by City of Ryde receive a satisfaction rating of 80% or higher as identified by survey
  • Objective 5: By 2019 small business owners report a 10% improvement in the provision of networking opportunities as identified by survey compared to 2015 levels
  • Objective 6: Employment training programs supported by City of Ryde receive a satisfaction rating of 80% or higher as identified by survey
  • Objective 7: The City of Ryde maintains an unemployment rate that is below the average for NSW
  • Objective 8: By 2019 the percentage of residents and workers commuting to work by car (as a driver) is reduced by 10% on 2015 figures as measured by the Census
  • Objective 9: By 2019 an industrial lands viability study will be undertaken to consider any necessary land.

The City of Ryde Economic Development Advisory Committee is an advisory committee of Council and will continue to provide support to Council in the implementation of the Plan.

View the Plan

Last updated on 19 September 2016