Tees Valley City Region Development Programme

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Transcript Tees Valley City Region Development Programme

Tees Valley City Region
Development Programme
John Lowther
Director of the Tees Valley Joint Strategy Unit
Chief Executive of Tees Valley Partnership
Tees Valley City Region Development Programme
Economic challenges
The economic challenges facing
the Tees Valley are:
1. To grow the Tees Valley economy faster than
the UK economy to narrow the gap in GVA
2. To continue the rise in employment in the
Tees Valley, encourage manufacturing
industry to innovate and improve its
productivity, and develop the service
economy particularly in financial and
business services
3. To increase the stock of businesses in the
Tees Valley
4. To increase economic activity and reduce
worklessness
5. To improve household income and develop
less dependency on benefits
6. To reduce migration out of the Tees Valley, to
reverse the level of outmigration from the core
to the outer suburbs through the provision of a
wider choice of housing in the centre of our
main towns and reduce economic and social
disparities within the region
7. To upskill the workforce to obtain NVQ3 and
4 level qualifications but also reduce the
people of working age with no qualifications
Economic Assets
Chemicals
1. Assets
• employs 14,000 people
• contributes £4.8 billion to GDP
• 2nd largest integrated petrochemical complex in
Europe
• largest private sector petrochemical research
centre in the UK
• Centre for Process Innovation
Chemicals (continued)
2. Opportunities
• £875m invested in the last 3 years creating
1,000 jobs
• NEPIC working on new projects totalling
£4.5 billion
• A key feedstock project could deliver a further
£1.5 - £2.5 billion of GDP
3. Delivery
• NEPIC
• CPI
Renewable Energy
1. Assets
• Hydrogen Infrastructure
• Energy Management
• Process Engineering
2. Opportunities
• Clean coal specialist looking to set up a
£1.5 billion 800MW integrated gasification
combined cycle power station
• SembCorp Utilities £60m 30MW wood
burning station at Wilton
Renewable Energy (continued)
• Develop the Hydrogen Economy
• CPI/Renew Tees Valley
• Industrial Symbiosis – Ecopark
3. Delivery
• Renew Tees Valley
• CPI
Teesport
1. Asset
• 2nd largest port by volume in the UK
• Deep water channel taking ships up to
150,000 tonnes without locks
• Land for development
2. Opportunities
• Northern Gateway Deep Sea Container Terminal
Teesport (continued)
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Create 3,500 jobs and £340million to GVA
Need to gauge enhancement of ECML/local line –
TIF bid
Planning application due in March
3. Delivery
• PD Ports
• The Northern Way/ONE/Network Rail
Durham Tees Valley Airport
1. Assets
• 1 million passengers in 2006
• Potential to grow to 3 million passengers in 2016
2. Opportunities
North Side
• New terminal
• New Business Park (planning permission
submitted)
• 2300/2500 jobs by 2015
Durham Tees Valley Airport
South Side
• Planning consent for major airport related
business park
• Could generate 5,000 jobs
3. Delivery
• Airport
• Tees Valley Regeneration
Illustrative new terminal building frontage
Universities
1. Assets
• University of Teesside 1,800 staff/22,000 students
• University of Durham Queen’s Campus, Stockton
2. Opportunities
Digital City
• Institute of Digital Innovation 300 jobs –
100 firms by 2010
Universities (continued)
• BoHo cluster
• Museum of Digital Media
• Wolfson Research Institute
3. Delivery
• University of Teesside
• University of Durham
• Middlesbrough Borough Council
• One NorthEast
• Tees Valley Partnership
Netpark
1. Assets
• Netpark Research Institute
• Netpark Incubator
2. Opportunities
• Netpark Incubator – Phase 2
• Master Plan complete
3. Delivery
• Durham County Council/One NorthEast
Stockton/Middlesbrough Initiative
1. Asset
• Stockton/Middlesbrough Town Centre
• Teesdale
• Tees Barrage
• Land with riverside frontage
2. Opportunities
• Create city scale activities in the heart of the Tees
Valley
• Middlehaven
Stockton/Middlesbrough
Initiative (continued)
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North Shore
Middlesbrough Institute of Modern Art
Town Centres
Blue/Green Heart
3. Delivery
• Tees Valley Regeneration
• Stockton Borough Council
• Middlesbrough Borough Council
• One NorthEast
Darlington Gateway
1. Assets
• Darlington’s location
• Market Town Atmosphere
2. Opportunities
• Central Park Darlington
• Faverdale – logistics site
• Town Centre – Pedestrian Heart
• Land along the A66
Darlington Gateway (continued)
3. Delivery
• Tees Valley Regeneration
• Darlington Borough Council
• Private Sector
Coastal Arc
1. Assets
• Coast
• Hartlepool Marina
• RAMSAR sites
• Saltburn
2. Opportunities
• Victoria Harbour Hartlepool
• Saltholme International Nature Reserve
• Coatham Enclosure
• Redcar Racecourse
Coastal Arc (continued)
3. Delivery
• Tees Valley Regeneration
• Hartlepool Borough Council
• Redcar and Cleveland Borough Council
• Stockton Borough Council
• One NorthEast
• Private Sector
Barriers
1. Worklessness/Skills
2. Housing Market Renewal
3. Enterprise Development
– Critical Mass of Businesses
4. Low Aspirations
5. Connectivity
6. Government Policy
– Planning/Transport/Skills
– Funding for the Place Agenda
The Next Steps
1. Further Research
– Renewable Energy Sector Strategy
2. Implementation
– 10-15 year Investment Strategy
– Relate to outputs/GVA
3. Governance
– City Region Policy Forum
– Revitalised Tees Valley Partnership
4. Contribution to CSR 2007
– Policy Changes