Bridlington Bay will be part of ‘landmark regional economic strategy’
Bridlington Bay is one of the sites at the centre of a major economic strategy unveiled by the Mayor of Hull and East Yorkshire.
Luke Campbell MBE has showcased a landmark regional economic strategy, setting out a clear ambition for growth and renewal.
The Local Growth Plan is a long-term vision to unlock the region’s full economic potential by positioning Hull and East Yorkshire at the forefront of the UK’s industrial future and as a competitive investment destination.
Built around four transformative ‘Big Plays’ that build on the region’s strengths, the strategy also identifies key investment opportunities.
They include the Humber Freeport sites in Hull and Goole, the major regeneration of Hull’s Western Docklands, and the long-term development potential of Bridlington Bay.
With the publication of this document, Hull and East Yorkshire has a single, unified economic strategy covering the whole region – bringing together the strengths of the area’s city, towns, rural communities and coastal areas under one shared mission for growth.
Mr Campbell said: “Hull and East Yorkshire is a place that gets things done – and our Local Growth Plan sets out exactly how we’re going to grow.
“We’ve got huge strengths and some of the most untapped potential anywhere in the country. Now it’s about backing our people, supporting our industries, and bringing in the investment we need to make that potential a reality.
“What matters most to me is that local people feel the benefit of all this. I want people to have the chance to build a good life for themselves and their families, right here in our region.
“My message to investors is that Hull and East Yorkshire is open for business and ready to deliver.”
The Local Growth Plan is billed as ‘a major milestone in the region’s devolution journey’.
The strategy also aims to strengthen transport links, unlock housing and infrastructure investment, support local businesses to grow and innovate, and improve pathways to training, higher skills and good jobs for residents.
Hull and East Yorkshire’s devolution deal with the Government guarantees £400 million of investment funding comes to the region over a 30-year period.
The Combined Authority uses that funding to drive growth and deliver local priorities, and it has a statutory duty to produce a Local Growth Plan to demonstrate how it will use its devolved powers and funding.