LED is a process that stimulates the local initiatives of using the local resources to create new jobs and intensify the local economic activity.

The LED process is aimed at creating and/or developing effective partnerships between local stakeholders, creating sustainable community activities/services and increasing citizen participation in local development efforts.

LED refers to an expansion of the economic base through efficient allocation and use of available resources. It can be any activity that provides additional jobs and income that improve the residents’ quality of life.

LED for whom ?

heavily affected by enterprise restructuring, privatization