Councils remain poised for feedback later this month
Fife Council members are set to be updated on the progress of two City Region Deals designed to unleash the potential of the Edinburgh and South East Scotland regions, as well as the two Tay cities, at an Executive Committee on 21 June.
Edinburgh and South East Scotland City Region Deal to accelerate growth
The Edinburgh and South East Scotland city regions, comprising City of Edinburgh, Fife, East Lothian, Midlothian, West Lothian and Scottish Borders councils, are now in a negotiation phase with the Scottish and UK Governments on a City Region Deal designed to transform the already fast-growing area, while tackling deprivation.
The Edinburgh Region City Deal vision is built upon accelerating the rate of investment and economic performance by capitalising on world-class assets through growth. City Deal partners have developed a vision that builds on existing strengths in technology, knowledge, culture and international connections, as well as tackling barriers around skills, connectivity, housing and infrastructure.
Proposals for the Edinburgh and South East Scotland City Region Deal were submitted to the Westminster and Scottish Governments in September 2015. In March this year, Chancellor George Osborne committed to a City Region Deal for Edinburgh and South East Scotland as part of his Spring budget speech.
The region is one of the UK’s major drivers of growth, but the benefits of this are unevenly spread and pockets of deprivation remain within the region.
The City Deal is designed to unlock untapped potential that can be unleashed through new relationships between UK Government, Scottish Government, local authorities, Higher and Further Education and private sector partners.
Priority areas for investment to deliver a step change in economic performance include Innovation Hubs, such as the University of St Andrews’ proposed Innovation Centre at Guardbridge and Strategic Growth Zones, such as the strategic development areas in Rosyth, Dunfermline and Mid-Fife.
The Edinburgh Region City Deal strategy is based around:
New infrastructure to unlock key development sites, and for this infrastructure to encourage sustainable travel across a connected region
Integrated interventions to accelerate business growth across the region
New approaches to support unemployed people, and to shape future skills programmes jointly with public and voluntary sector providers
A network of innovation hubs delivered through partnerships between national agencies, universities, local authorities and the private sector
A bold approach to deliver our ambitions as a globally recognised smart region
A new approach to governance and policy integration to bring together strategic planning functions for the region
Investment mechanisms built on forward funding and greater local autonomy to optimise the use of public sector resources