Penrith. Economic body has new plan

The Penrith Valley Economic Development Corporation has adopted a new five-year strategic plan. By 2014, the PVEDC sees itself as a "highly effective architect and first port of call for sustainable growth in the Penrith region". The corporation is finalising a Deed of Agreement with council which requires the PVEDC to support the creation of 40,000 jobs by 2031. The plan will be officially launched on December 3 under the corporation’s new name and logo. Paul Brennan, PVEDC chairman, said the plan’s adoption was a major milestone for the revamped organisation.

Penrith. Economic body 'reinvents' itself

The revamped Penrith Valley Economic Development Corporation (PVEDC) has become the first port of call for business and investment enquiries in the city, according to the new CEO, Bijai Kumar. He said the PVEDC was taking steps to reinvent itself to create a strong presence in the Australian marketplace.