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We can define local development as a set of ground-up actions that increase value creation, improve incomes, and increase employment opportunities and the quality of life of the inhabitants of a locality.
However, when we speak of local development, we are not only referring to a chain of economic factors that influence the prosperity of a certain area, but also to a series of geophysical, social and economic characteristics that create a certain “breeding ground” that facilitate the proliferation of activities that result in the well-being of an area.
Local economic development strategies (Vázquez, 2005; Boisier, 2005) envisage the territory as an agent of social transformation and not only as a simple space or mere functional support, where the socially organised territory and its own social, cultural and historical features are also very important aspects.
In order to understand the phenomenon of sustainable local development, four basic aspects need to be present:
Basic Infrastructure
Public Autorities
Environment Respect
Entrepreneurial Culture
Development strategy planning must consider these dimensions, both economic and non-economic (more important in less developed environments), and they must all be present if it is to be successful (Kondonassis, Malliaris & Okediji, 2000).
However, even if the population has a favourable geographical location, adequate raw materials and sufficient institutional support (Zuluaga, 2005), if the entrepreneurial population does not trust in their ability to create employment and the creation of a business as a way of life with a future, all efforts will be in vain. [1]
At DFGRUPO, we are committed to local development, having a large part of our infrastructure and investment in rural areas, creating a large number of jobs, and Calatayud being our hometown. We support local festivals and initiatives and contribute to local biodiversity through collaborative projects.
The Group has major facilities and sites in rural areas and small towns and therefore promotes their local economies and works closely with communities by fostering partnerships with a variety of entities.
We have a strong commitment to hiring local staff in the areas where we operate and, of course, a commitment to local suppliers.
Thirty-five per cent of the Group’s employees in Spain are workers in what is considered “hollowed out Spain”.
We seek and focus on improving and developing the areas of influence where we are located, as an active part of the society around us.
Proof of this is that 95% of our suppliers are local.
[1] Information obtained from this study
