The Economic Development Strategy 2019-2024 provides a strategic framework for how Council can best support economic development, foster greater investment and grow jobs within Colac Otway Shire.
The Economic Development Strategy 2019-2024 was endorsed at the ordinary council meeting held on the 27th March 2019. The Economic Development Strategy outlines plans and strategies to help develop the Colac Otway Shire's existing industries and businesses. The strategy also highlights key projects to be pursued to change the region's economy, for a sustainable future
The Forrest Mountain Bike (MTB) Revitalisation Project (Stage One) was funded by $250,000 from Colac Otway Shire Council and $2.07 million from the Victorian State Government through the Department of Energy, Environment and Climate Action (DECCA) and Regional Development Victoria (RDV). Forest Fire Management Victoria (FFMVic) and Colac Otway Shire Council delivered and opened the project on the 6th of September 2023.
Stage Two, (detailed in the Forrest MTB Trails Detailed Design Plan) is yet to be funded.
Experience Victoria 2033 is the state's strategic plan to shape the future of Victoria’s visitor economy over the next 10 years. The plan will strengthen Victoria’s enviable tourism offering by leveraging the state’s competitive advantages. The plan has 5 product priorities:
First Peoples-led experiences, Wellness, Arts and Culture, Food and drink & Nature
Experience Victoria 2033 can be viewed here
The following strategies are for the Great Ocean Road Region and Colac Otways Destinations:
Previous state led strategies: