Plans backed for Cheshire East draft economic strategy
Plans to take a strategy designed to grow the Cheshire East economy to £15bn, create thousands of jobs and build a huge number of new homes to public consultation have been backed.
The Cheshire East Draft Economic Strategy has been drawn up in a bid to boost the prospects and opportunities of the area, and make it the “place to be”.
The document notes that the region is “ideally positioned for growth, with excellent connectivity, a strong economy with even greater potential and a pro-investment approach”.
Proposed for the period up to 2024 is growing the Cheshire East Economy to at least £15bn, creating an additional 7,000 jobs, building up to 11,000 new homes and being more productive than the UK average.
Cabinet had been asked to approve the draft economic strategy for the basis of consultation and delegate authority to the portfolio holder for environment and regeneration to consider the results of said consultation, make appropriate amendments and approve the final copy.
It has now done so.
“We sit in a strategically important position connecting the Northern Powerhouse to the Midlands Engine and are therefore a key player in delivering economic growth in the region and the UK,” said a document to Cabinet.
“Our outward looking and innovative business base is well placed to respond to the challenge set by government through its Industrial Strategy, and we are creating a strong offer through our contribution to the Cheshire and Warrington Local Industrial Strategy.
“We cannot be complacent; as a borough we need to be proactive and invest and intervene where it makes sense to.”