Buckinghamshire Inward Investment

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Buckinghamshire Inward Investment Presentation
to SEERA 3rd December 2003
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• Bucks in Context
• Historically market-driven
• Structural shifts emerging
• Major change anticipated
• 13,000 new jobs required by 2016
• 31,000 needed in next 30 years

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• Key Issues
• Highly constrained land availability
• Key sectors in decline
• Low visibility
• Little institutional interest

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• Current Strategy
• BEP acts as a clearing house
• Dependent upon enquiries from SEEDA
• Collate responses from agents and LAs
• Package responses in brochure format

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• Nature of Enquiries
• 12 enquiries since May 2003
• No sector or geographical pattern
• Main requirement is access to Heathrow
• Modern facilities preferred

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• Current Approach
• Reactive
• No marketing
• Lack of transparency
• No feedback

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• What Needs to Happen
• Clear development strategy
• Place Bucks on the map
• Emphasise locational advantages
• Development of key sites
• Closer co-operation

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• Implications for SEEDA
• Inward investment is key element of the
  Sustainable Communities Plan
• Must work with the market
• Achieve balance of homes and jobs
• Infrastructure requirements East / West rail