Enterprise & Environment Directorate TRANSPORT FOR REGIONAL GROWTH 5 NOVEMBER 2015 Keith Winter, Executive Director, Enterprise and Environment, Fife Council

Enterprise & Environment Directorate

TRANSPORT FOR REGIONAL GROWTH5 NOVEMBER 2015

Keith Winter, Executive Director, Enterprise and Environment, Fife Council


City Deals• Promote economic growth through targeted public

investment;

• 25+ in the UK – and growing;

• Benefits for Government(s);

• Benefits for City Regions.


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.


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.


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.


6


Infrastructure – areas of focus

•Transport

•Housing

•Economic Regeneration & Development

•Broadband & digital connectivity

•Low Carbon


But more than infrastructure


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.


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


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.


Collaboration Essential• ......... not just about Councils• Universities/Colleges• Business community (large, medium and small)• SESplan • SEStran • NHS • Scottish Enterprise & Business Gateway


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/

http://www.acceleratinggrowth.org.uk/

http://www.acceleratinggrowth.org.uk/


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


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

Documents

Enterprise & Environment Directorate TRANSPORT FOR REGIONAL GROWTH 5 NOVEMBER 2015 Keith Winter, Executive Director, Enterprise and Environment, Fife Council