enterprise & environment directorate transport for regional growth 5 november 2015 keith winter,...
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Enterprise & Environment Directorate In outline Six partner Councils bid to the UK and Scottish Governments; Expected bid for £1bn public sector investment; Aim to lever in additional private sector investment of £3.2bn; 10 year programme of implementation – payback over 20 years.TRANSCRIPT
Enterprise & Environment Directorate
TRANSPORT FOR REGIONAL GROWTH5 NOVEMBER 2015
Keith Winter, Executive Director, Enterprise and Environment, Fife Council
Enterprise & Environment Directorate
City Deals• Promote economic growth through targeted public
investment;
• 25+ in the UK – and growing;
• Benefits for Government(s);
• Benefits for City Regions.
Enterprise & Environment Directorate
In outline• Six partner Councils bid to the UK and Scottish
Governments;
• Expected bid for £1bn public sector investment;
• Aim to lever in additional private sector investment of £3.2bn;
• 10 year programme of implementation – payback over 20 years.
Enterprise & Environment Directorate
Our VisionIn a fast-changing world we will create a region where investment, intellect and culture will fuse to create new ways of doing things.
In the next 20 years the Edinburgh and South East Scotland City Region will become the most connected, most creative, most inclusive and most entrepreneurial place in Europe. We will build a network of businesses, universities, technical and creative skills attracted by a great lifestyle and cultural offer.
Enterprise & Environment Directorate
A City Deal to help deliver Our Vision•A single approach (based on the regional labour market) to measuring the economic & fiscal impacts of potential projects – to establish a single set of priorities for investment.
•A clear & integrated regional infrastructure strategy and delivery plan.
•Establish a £1bn Infrastructure Fund to accelerate economic growth; enhance productivity across the region and tackle inequalities.
•Develop a regional Low Carbon Fund.
•Building on and accelerating SESPlan’s vision for place and its Action Plans.
• Greater autonomy/ decision-making power at regional level.
Enterprise & Environment Directorate
6
Enterprise & Environment Directorate
Infrastructure – areas of focus
•Transport
•Housing
•Economic Regeneration & Development
•Broadband & digital connectivity
•Low Carbon
Enterprise & Environment Directorate
But more than infrastructure
Enterprise & Environment Directorate
Latest Position•Revised Prospectus submitted September with vision for City region and “asks” of both UK and Scottish governments.
•Economic models built - projects now being reviewed
•Engaging with UK and Scottish Governments; other stakeholders.
Enterprise & Environment Directorate
A “real economy” approach to economic model
InputsE.g. PopulationGVA
Policy LeversE.g. Scotland’s Economic StrategyTax & Welfare
DynamicEconomicSystem
Outputs
Industrye.g. mixSizeR&D
Lande.g. housingEmploymentVacant
Laboure.g. skills travel times
Financial returns e.g. Tax income Social dividends
Economic & social e.g. GVAProductivity
Enterprise & Environment Directorate
Linked agendas for RTS and City Deal•Economic Vision and model for city region•Most of infrastructure long list from SDP/ STP/NPF3 •Single assessment framework•Key contributor to our track record of joint delivery •Shared stakeholders – developers; utility providers; major employers •Developer Contributions.
Enterprise & Environment Directorate
Collaboration Essential• ......... not just about Councils• Universities/Colleges• Business community (large, medium and small)• SESplan • SEStran • NHS • Scottish Enterprise & Business Gateway
Enterprise & Environment Directorate
Keep up to date with the City Deal
•Information on progress and the opportunity to support the city
deal;
•Business support will strengthen case for City Deal with
government – please sign up at:http://www.acceleratinggrowth.org.uk/
Enterprise & Environment Directorate
Context for the City Deal
Enterprise & Environment DirectorateA £33 billion economy, benefitting from healthy GDP growth and a diverse range of strengths across a variety of sectors
Source: ONS
Industry percentage share of total GVA 2012
Enterprise & Environment DirectorateHowever, there are a significant number of deprived areas across the region resulting in “dual-peak” income distributions
Deprivation index
Source: Local incomes and poverty in Scotland”, Heriot Watt University and Improvement Service.Source: Scottish Index of Multiple Deprivation 2012
Enterprise & Environment DirectoratePart of the solution could be to better utilise the well educated population to address the productivity challenges the region faces . . .
Source: ONS Source: Nomis, Annual population Survey
Enterprise & Environment Directorate
Travel times into Edinburgh city centre
. . . and build on planned investments in physical and digital infrastructure to address connectivity
<30 mins30-60 mins1 -1.5 hrs<1.5 hours