Lekwa-Teemane Local Development Agency (LTLDA) is a wholly-owned municipal entity of Lekwa-Teemane Local Municipality. The Agency was established following an agreement between the Industrial Development Corporation (IDC) and LekwaTeemane Local Municipality to advance and leverage the development and job creation potential inherent within LekwaTeemane Municipality area.
The principal mandate of this Agency (LTLDA) is to facilitate sustainable economic development within Lekwa-Teemane Local Municipality and ensure that the local economy grows, creates and sustains jobs for the local people. To this end, the Development Agency has identified myriad potential economic development projects that are intended to put the local economy on a sustained growth trajectory.
The role of LTLDA is that of a facilitator that identifies business opportunities that can be implemented on Municipal property, thereby unlocking value out of Municipal assets. The Agency performs the facilitation role by identifying business opportunities, packaging the
opportunities through studies and presenting these opportunities to potential investors. In addition the Agency will facilitate the land availability agreements between the investor and the Municipality.