Together with public and private sector interest groups, sectors with particular potential for growth are identified and supported.
In certain cases, an isolated geographic position may be the main reason for an intervention. LREDs focus on the specific development potential of a given location. Together with the most important public and private interest groups in selected regions, we identify economic sectors with particular potential for growth and employ collaboration mechanisms to foster their development. Swisscontact strengthens business interest groups and networks in the selected regions, supporting the development of financial services and improving regulatory frameworks.
In addition, Swisscontact supports the creation of innovation platforms to improve market linkages and technology transfer. Competitive advantages are strengthened by bringing products up to international standards and introducing certification systems.