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Published byDallas Elley Modified over 9 years ago
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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
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Economic challenges
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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
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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
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Economic Assets
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Chemicals 1. Assets employs 14,000 people contributes £4.8 billion to GDP 2 nd largest integrated petrochemical complex in Europe largest private sector petrochemical research centre in the UK Centre for Process Innovation
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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
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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
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Renewable Energy (continued) Develop the Hydrogen Economy CPI/Renew Tees Valley Industrial Symbiosis – Ecopark 3. Delivery Renew Tees Valley CPI
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Teesport 1. Asset 2 nd 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
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Teesport (continued) 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
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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
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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
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Illustrative new terminal building frontage
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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
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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
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Netpark 1. Assets Netpark Research Institute Netpark Incubator 2. Opportunities Netpark Incubator – Phase 2 Master Plan complete 3. Delivery Durham County Council/One NorthEast
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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
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Stockton/Middlesbrough Initiative (continued) 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
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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
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Darlington Gateway (continued) 3. Delivery Tees Valley Regeneration Darlington Borough Council Private Sector
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Coastal Arc 1. Assets Coast Hartlepool Marina RAMSAR sites Saltburn 2. Opportunities Victoria Harbour Hartlepool Saltholme International Nature Reserve Coatham Enclosure Redcar Racecourse
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Coastal Arc (continued) 3. Delivery Tees Valley Regeneration Hartlepool Borough Council Redcar and Cleveland Borough Council Stockton Borough Council One NorthEast Private Sector
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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
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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
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