The Role of the RDA in strategy and delivery

Transcription

1 The Role of the RDA in strategy and delivery Sue Manns Regional Director Pegasus

2 Regional Development Agencies Regional Development Agencies Act 1998 Five statutory purposes: o To further economic development and regeneration o To promote business efficiency, investment and competitiveness o To promote employment o To enhance development and application of skill relevant to employment o To contribute to sustainable development

3 Advantage West Midlands

4 Regional Economic Strategy Four Themes Business Place People Powerful voice

5 Economic Strategy and Delivery Regiona l Spatial Strateg y Regional Economi c Strategy

6 Alignment between the RES and RSS

7 RSS Chapter 7 Prosperity for All The policies are closely linked with, and support the implementation of, the Regional Economic Strategy. Regional Economic Strategy 6 Regeneration Zones 3 High Technology Corridors

8 Regeneration Zones

9 High Technology Corridors Birmingham Worcester (Central Technology Belt) Coventry, Solihull, Warwickshire Wolverhampton - Telford

10 Innovation and Cluster Development related to Research and Further Education

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12 Major investment sites 50+ hectares At least two sites oven ready Greenfield edge of major urban area i54 (Wobaston Road, Wolverhampton) Anstey (Coventry) Peddimore (Birmingham)

13 Regional Investment sites hectares linked to each Urban Regeneration Zone and each High Technology Corridor

14 Regional Logistics sites 50+ hectares At least 2 readily available Access to road, rail and public transport Good connection to labour pool Priority areas North Staffs and Telford

15 Delivering the Reginal Economic Strategy o o Delivery plan Supported by Action Plan

16 Grand Central o Redevelopment of New Street Station o 100 million the largest single project investment by any RDA (Cost 600m) o Opened 2015

17 Fort Dunlop o Once largest factory in the world employing 3200 o Vacant for 20 years o 58M joint venture with Urban Splash o Office, retail, leisure space, 100 bedroom hotel

18 Science Parks Science park developments at Keele, Aston, Wolverhampton, Worcestershire, Coventry and Warwickshire - including the UK's first virtualreality, Advanced Construction Centre;

19 Major Investment Sites Strategic development site and construction of new premises for Ericsson and the Manufacturing Technology Centre (MTC) at Ansty Park, Coventry

20 Major Investment Sites i54 development 96 hectares JLR 355m engine plant American Aerospace company MOOG Eurofins Laboratory manufacturing jobs

21 Region s response to major economic shocks Agency led the region s response to major economic shocks including: 2000 Rover Task Force (sale of MG Rover in 2000 and its subsequent closure in 2005) Foot and Mouth outbreak Floods Global economic recession

22 Market Towns programme o Response to Rural White Paper (2000) o Recognised economic value of market towns

23 Tourism and Culture

24 Supporting Skills Development o o o o Addressing skills shortage in construction Partnership with Dudley and Sandwell Building Essential Skills for Construction Trades Supported more than 2000 people

25 Advantage West Midlands o Annual budget 300M o Invested 3 billion in region 150,000 businesses assisted to improve their performance; 10,000 businesses created; 140,000 jobs created or safeguarded; 160,000 people assisted to improve their skills; 2 billion of private sector investment levered in; and 1,200 hectares of brownfield land reclaimed or redeveloped

26 Sue Manns Regional Director Pegasus Group