 Director: Oleda
Contact Person: Marius Venter
Contact Number:
Definition of Function:
VISIONThe Overstrand Local Economic Development Agency's vision is that the Overstrand Municipal area will be developed as the most sustainable/ responsible investment and tourism destination in the Western Cape. MISSIONTo improve the quality of life of the citizens of the Overstrand Municipal area by promoting innovative solutions that challenge mainstream thinking on economic, environmental and social developmental issues.
 In terms of the service delivery agreement with the municipality OLEDA will:
- Act as the operational arm of the municipality to implement economic, social, environmental policies and projects;
- Promote and develop the economic potential of the area;
- Establish an investor help desk
- Develop the innovation and entrepreneurial potential and activity which supports and drive economic growth in the area
- May acquire, own and manage land and buildings to achieve its objectives
CONTACT US| Ground Floor | Postnet Suite 204 | | PSG Building | Private Bag X 16 | c/o Magnolia & Dirkie Uys Street
| Hermanus, 7200 | | | | | Tel: 087 808 1540/1 | Fax: 028 – 313 2389 | E-mail:
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BOARD OF DIRECTORSRev. E. Arrison, Prof. D. Brink, Mr. M. Nomkhila, Prof. A. Nieuwoudt, Mr. R. Pieters, Ms. N. Pike, Mr. D. Smith (Chairman of the Board)
Chief Executive Officer: Dr. M. Venter
BACKGROUND The Overstrand Local Economic Development Agency (Pty) Ltd (Oleda) is a private company owned by the Overstrand Municipality. The main purpose of Oleda is to be the implementation arm of the Overstrand Municipality in terms of economic, social and environmental projects. All approved projects / precincts are incorporated in the Integrated Development Plan(IDP) of the Overstrand Municipality and are aligned with Local Economic Development strategies as strategic thrusts for local economic development in the area. PHASES OF THE AGENCYThe process of establishing the Development Agency evolved since 2003 from a vision of the Municipal Council to the formation of the legal entity and appointment of the board of directors as part of the Pre-establishment phase. This phase further involved the compilation of project potential analysis on all projects and the compilation of pre-feasibility studies on identified primary key projects.The position of Chief Executive Officer was advertised and the Board of Directors resolved to appoint Dr Marius Venter from 1 November 2008. Oleda are moving on to Phase Two, the Establishment phase in which phase other personnel will be recruited and appointed, necessary detailed feasibility and other studies will be conducted, bankable projects will be packaged and agency systems and working procedures will be implemented. The third phase of Oleda, the Operational phase, will commence with the implementation of feasible projects, identification of new projects, testing feasibility etc. in order to reach self-sustainability at the end of the IDC funding period.
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