PEOPLE, place and productivity are at the heart of a new economic development strategy for south Warwickshire.
South Warwickshire’s Economic Development Strategy is a five-year strategy drawn up jointly by Stratford and Warwick District Councils to create a larger, stronger, greener, and more inclusive economy by 2028.
The strategy is built around three main themes – people, place and productivity.
The strategy was published for public consultation in March. Since then, the final strategy has been updated by SDC and WDC and will be implemented in April 2024.
The strategy will have a supporting action plan which will be reviewed at the end of each year and refreshed considering national and sub-regional political and socio-economic changes.
The action plan will propose the roles played by the economic development team and partners, which will range from influencing, lobbying, and shaping strategies as well as more direct intervention at the local level.
SDC economic spokesperson Coun George Cowcher said: “The economic development strategy has embraced all key areas of south Warwickshire and aims to improve them further. The people in our districts are our biggest priority and our councils will work together to increase opportunity and improve business and economic growth.”
WDC’s economy spokesperson Coun Ella Billiald added: “This new economic development strategy for south Warwickshire provides a real opportunity for us to support our local businesses, as well as developing and growing the local economy in south Warwickshire. With the upcoming launch of our investment zone at Coventry Airport and extensive research into electric car batteries, green technologies, bioscience, and agricultural technology, I feel very optimistic that the talent we have across both districts will help us to deliver our aspirations for this strategy.”
The economic strategy was approved by SDC on Monday (December 11) and WDC on Wednesday December 6.