Economic Development Strategy

Economic Development Strategy 2006-09

Economic Development Strategy

The goal for the Council's work on economic development in Broxbourne is to improve the prosperity of the community, to maximise employment opportunities enjoyed by local people, without damaging the quality of local life. 

The Council has developed an economic development strategy for 2006/09 which is subject to a rolling review.  This follows a consultation period where businesses, residents and Council partners had the opportunity to comment on the draft.  The strategy sets out the Council's support for the development of the local economy.  It links to the Community Plan for Broxbourne and provides the overarching framework under which this strategy fits.

 

The strategy focuses on four key areas:

  • Improving the range and quality of local jobs opportunities
  • Encouraging investment in this area and providing support for local business
  • Raising the level of work related skills in the local population and the
  • provision of opportunity for learning skills
  • Improving the quality of life and environment for those who live and work in the Borough.

 

Since the Council's last Economic Development Strategy was published in 2003, two key sites have been brought forward for development.  The Park Plaza development and development on the Essex Road site are likely to have a major long-term impact on the local economy.  The strategy also covers the impact of the Olympics as well as the linkages with the draft Hertfordshire Economic Development Strategy and the countywide Local Area Agreement.

   

The strategy reveals the need to widen the local economic base and strengthen the skill levels of the local population.  It contains an action plan with aims and objectives for local economic development and the agencies and means through which they are to be achieved.

 

The document can be downloaded from the related links section on the right of the page and it is also available from Council One Stop Shops and the Borough Offices.  For more information on the Strategy, residents and businesses can call 01992 785592 or e-mail rac.comms@broxbourne.gov.uk.