COUNCIL LAUNCHES DRAFT STRATEGY FOR ECONOMIC GROWTH

Thanet District Council has launched its draft consultation document for local economic growth. Entitled ‘Setting the Direction for Economic Growth in Thanet’, the 24-page publication comprises Phase One of the council’s three-phase approach to developing the local economy. Phase Two will build upon feedback from the first phase and influence the dialogue of all those engaged in economic growth. Phase Three will bring together all strands of employment expertise to produce a shared delivery plan which will help unlock growth and prosperity. Support for the visitor economy and green industries form pivotal points in the initial, Phase One document, which highlights the success of Ramsgate as a centre for offshore wind energy. Businesses are also set to receive support in developing skills and knowledge to develop and hire new staff. The Phase One document recognises the nature of the Thanet economy and sets out a strategic vision for developing the area’s potential. Statistical information – such as population and age figures – set the backdrop for the document. This information is further complemented by details of Thanet’s natural and historical assets – including the area’s maritime heritage. All areas of economic activity are covered by the document – including health, arts, construction, financial and scientific – among others. And there is particular reference made to the ‘green’ economy. Other factors, such as gross weekly wages, housing and unemployment are also covered. The document outlines the areas of the economy in most need of support, and also identifies employment sectors where growth is expected in future. Leader of the council, Cllr Clive Hart, said: “Thanet’s local economy is driven by many complex factors, and there are often strong links between seemingly disparate sectors. Therefore our approach to economic growth is phased, because that enables us to develop economic growth through an intelligent methodology. “This phase one document is a firm basis for discussion but not the completed strategy.” He added: “Our aim is to have the most inclusive process possible and thereby to produce the very best strategy possible. We are a genuinely inclusive administration and we want to encourage contributions from all stakeholders to inform our process.” For more information visit the website http://www.thanet.gov.uk/thanet-regen-board.aspx