A new Regional Economic Strategy has been developed for the North east of Scotland to help secure the region’s economic future.
The strategy provides a long-term plan for the economic development of the north east to 2035.
Aberdeenshire and Aberdeen City councillors will be asked to approve the document at concurrent full council meetings this week (Wed, Dec 16).
They will also receive an update on progress towards the proposed Aberdeen City Region Deal – which is one of the programmes that will underpin the strategy.
A report outlines how officers have, alongside public and private sector partners, been developing the details of the bid, to provide the substantial and compelling information needed to secure a deal through negotiation with Government.
The proposed Regional Economic Strategy is focused on four themes matching the priorities in the Scotland’s economic strategy: Innovation, Internationalisation, Infrastructure and Inclusivity.
It is designed to be a high-level document which sets out key sectors and strategic investment priorities for Aberdeenshire and Aberdeen as a whole.
This approach reflects the region’s competitive advantage and also the sectors’ consistently high performance and contribution to the Scottish and UK economies.
The key sectors are: Oil and Gas; Food, Drink and primary industries; Tourism and Life Sciences.
The Regional Strategy will be used as part of City Region Deal negotiations and sets the context for Opportunity North East’s (ONE’s) economic leadership board
You can see the report to Full Council and the proposed Regional Economic Strategy on the Aberdeenshire website at: (http://bit.ly/1Y9J7U4 ) and on the Aberdeen City website at http://bit.ly/1I6NNTw