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‘A prosperous region delivering a
high quality of life for everyone,
now and in the future’
Regional Sustainable
Development Framework 2001
The four themes of Sustainable
Development
• Social progress which recognises the
needs of everyone
• Effective protection of and investment in
environmental assets
• Prudent use of natural resources
• Maintenance of high and stable levels of
economic growth and employment
South East economic strength
•
8 million people
•
£145 bn economy
•
3.1% annual growth rate – highest in the UK
•
255,000 businesses
•
Locomotive of the UK economy
- £18 bn net contribution to public finances
- Largest exporter in the UK - £28bn exports
- Highest manufacturing value-added
High Value Added Sectors
• 30% of UK business research and development
• 33% of UK aerospace and defence turnover
• 23% of UK marine industries value added
• 30% of UK pharmaceutical manufacturing
employment
• 60% of UK motorsports workforce
International Comparisons
Among 40 Top Regions Globally
South East Ranks:
• 6th in biotechnology, pharmaceuticals and
chemicals
• 8th in IT and computer manufacturing
• 10th in instrumentation and electrical
machinery
• 19th in high-tech mechanical engineering
Environmental Assets
• One third of UK’s ancient woodland
• One quarter of the UK’s chalk grassland and 40% of
the UK’s heathland
• 32% of the UK’s meadows and pastures
• One third of the region designated as AONB
• 72 km of Heritage Coast
• A rich historic and built heritage
Social Imbalance
• 150,000 unemployed people – a higher number
than six other English regions
• 170,000 households on income support
• 119 of the worst 20% wards nationally
• 1 million people unable to achieve basic skills
in reading, writing and numeracy
• Particular issues of deprivation and exclusion
in rural areas
Sub-regional Variations
UNEMPLOYMENT IN THE SOUTH EAST
Unemployment Rate May 2001
Claimant count Rate
>4%
3
2
1
0
to 4%
to 3%
to 2%
to 1%
Sub-regional Variations
Sub-regional Variations
International Challenges
• Among 40 global comparators – Well above average knowledge input e.g. Public
sector R&D 43% above average
– Well below average output
34th position for GDP per head
35th for labour productivity
• International competition is intensifying
Sub-regional Variations
Thames Valley Economic Strategy
“The Thames Valley is one of Europe’s
leading business locations. . . However,
the recent economic downturn when
linked with long-standing concerns over
the transport network and skills
availability shows that we are
vulnerable. There is much to do to
support our dynamic economy.”
TV Strategic Objectives
• Sustain economic development by adding value to
business activities
• Strengthen the links between research, education and
business
• Make learning exciting and accessible to all
• Encourage innovation and entrepreneurship
• Promote inward investment, particularly in key
sectors such as ICT and Life Sciences
• Secure specific improvements in the infrastructure
• Ensure that economic development sustains the
quality of the natural and built environment
Surrey Economic Partnership
“A strong Surrey economy needs to be
innovative. To facilitate this there is a
need to have significant growth in the
knowledge based and higher value
added sectors of employment. . . High
growth business start ups and survival
rates need to increase and Surrey’s
position as a prime international
business location must be maintained.”
Surrey : 5 Steps to economic
success
• Facilitating an innovative economy
• Raising productivity levels in the workforce
• Encouraging the most efficient and effective
use of land and property
• Reducing dependency on the road network
• Promoting a culture of corporate
responsibility linked to economic success
South Hampshire: vision and
aspirations
• A step change in economic activity generated
in terms of GDP to rival international
competitor locations
• Increased social inclusion so that all
residents benefit, and all resources are fully
utilised
• Respect for the high quality natural
environment, without which economic
prosperity and social welfare would be
severely damaged
South Hampshire: improving
competitiveness
“By international standards, the existing
businesses are under performing. . . Given the
relatively high costs of labour and property in
the area, attempts to compete solely on costs
should be avoided, indeed improving
competitiveness may require higher costs to
ensure the right people and skills and
improved operating conditions. Central to
achieving this will be the development of
improved business networks.”
South Hampshire: increasing
social inclusion
“The quality of skills, social capital and
physical capital of the city-regions need
to be improved if economic development
is to be effective in generating benefits
for the whole community.”
The basis for a ‘smart growth’
economy
• Innovative, entrepreneurial companies that
are encouraged to grow
• Strong networks for mutual business support
and learning
• A highly educated workforce that is
continuously up-skilled
• An adequate and well managed
communications infrastructure
• A high quality physical and social
environment that provides opportunity for all
The 5 Objectives of the
Regional Economic Strategy
The 5 Objectives of the
Regional Economic Strategy
‘SMART GROWTH’
SEEDA in Oxfordshire
Enterprise Hubs and networks
• North Oxfordshire Hub
– Focuses on Optoelectronics, Advanced Materials, Automotive,
Aerospace, Multimedia Technology & Production.
• South Oxfordshire Hub
– Focuses on Life sciences, Bio-Pharma, Marine Technology,
Automotive, Aerospace and Environmental Technologies.
• Faringdon Enterprise Gateway
– The first rural gateway.
• Biotech and Media Networks
Specialist Staff Located in Oxfordshire
•
Phil Clement - Investor Development Manager (IDM)
–
•
IDM for Oxfordshire, Buckinghamshire and Milton Keynes to work with
existing companies.
Geoff Bayley - Sector Skills Development Manager (SSDM)
–
–
–
Funded by SEEDA, housed at MKOB LSC.
Focusing on the priority sectors of their area of Engineering and
Advanced Engineering; Health and Social Care; Biotechnology;
Environmental Technologies.
key players/sub-regional partners to secure improved productivity of
key businesses in the sub-regions.
Learning & Skills Projects
•
Computer Club 4 Girls in South East
–
–
–
•
It is an out of school club for girls aged 10-13.
Aim is to redress the negative image with women of the IT industry.
10 Schools in Oxfordshire participating.
Oxfordshire Workplace Basic Skills
–
•
Provides training needs analysis to identify Basic Skills needs and
tailored packages devised and delivered in the workplace.
Optranet – Optics Valley
–
–
EC Framework 5 funded project to strengthen relationship between
industry, academia and secondary schools in the field of
optoelectronics.
The project will bridge gap between industry and academia, promoting
optoelectronics industry
Social Regeneration
•
Funding of SRB schemes focusing on deprived wards in
Oxford City to raise quality of life
–
Barton Community Regeneration Scheme
Estate based regeneration based around Rose Hill Area.
–
East Oxford Action
Training, creating new business improving environment, cultural
events.
–
Leys Linx
Community based regeneration scheme in heart of Blackbirds Leys.
–
Thames Valley Social Enterprise
Creation of social enterprise across Oxfordshire and surrounding
areas.
Physical Regeneration
• Oxford Castle Heritage Project
– Based at Castle and Prison, central Oxford with an Area: 1.6
hectares or 3.96 acres
– It is a mixed-use development, the scheme will deliver a hotel,
serviced apartments, restaurants, cafes, bars, heritage centre and
museum, education centre, public open space, 7 private residential
dwellings, new pedestrian access routes into and through the site,
parking spaces and cycle parking spaces. The hotel will have 87
bedrooms and public areas created from the former Prison.
– Development will remediate 2.1 hectares of Brownfield land and
create over 250 jobs, significant number of learning hours and
create public space.
• Oxford West End Project
– Working with Oxford City and Oxfordshire County Councils on joint
approach to the redevelopment West End of City Centre.
Developing the rural economy
•
Leader +
•
Farm Diversification
•
Market Towns
•
Local Foods
•
Renewable Energy Development