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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. Economic challenges. The economic challenges facing the Tees Valley are:
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Tees Valley City Region Development Programme John LowtherDirector of the Tees Valley Joint Strategy UnitChief Executive of Tees Valley PartnershipTees Valley City Region Development Programme
The economic challenges facing the Tees Valley are: • To grow the Tees Valley economy faster than the UK economy to narrow the gap in GVA • 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 • 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
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) • 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
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) • 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 • Worklessness/Skills • Housing Market Renewal • Enterprise Development • – Critical Mass of Businesses • Low Aspirations • Connectivity • Government Policy • – Planning/Transport/Skills • – Funding for the Place Agenda
The Next Steps • Further Research • – Renewable Energy Sector Strategy • 2. Implementation • – 10-15 year Investment Strategy • – Relate to outputs/GVA • Governance • – City Region Policy Forum • – Revitalised Tees Valley Partnership • Contribution to CSR 2007 • – Policy Changes