Borough councillors to debate Economic Recovery Framework
The Economic Recovery Framework sets out key areas of focus including jobs and skills, business and enterprise support and promoting the borough as a great place to invest in.
The roadmap aims to maintain and create thriving communities that people are proud to live in, to help residents to develop their skills and to meet the borough council’s Climate Emergency targets through partnership working with Hampshire County Council to encourage more people to use sustainable transport.
Supporting the borough’s businesses, proposals include plans to develop a strong entrepreneurial community, ensuring residents and businesses have access to the latest technology such as 5G and improved broadband as well as high-quality office space and encouraging businesses to use local supply chains.
The plan also identifies a number of council-led projects which will provide key opportunities including the £500 million regeneration of Basing View, a new garden community with up to 3,530 new homes at Manydown and a planned £300 million transformation of Basingstoke Leisure Park.
Although the borough council will be a driving force to ensure the borough’s economy recovers from the pandemic, it will work closely with partners in the public and private sector to deliver a set of short and long-term actions.
Councillors on the Economic, Planning and Housing (EPH) committee will discuss the plans at a meeting from 6.30pm on Wednesday (3 September).
Leader of Basingstoke and Deane Borough Council Cllr Ken Rhatigan said: “We know that the COVID-19 pandemic has been a difficult and challenging time for residents and businesses who are also worried about the future.
“Despite the difficult times we have all faced, it has been great to see residents and community organisations pull together to support our most vulnerable residents and businesses have quickly adapted the way they work to keep serving the borough. Now, more than ever, it is so important to build on this fantastic work.
“To ensure Basingstoke and Deane remains a great place to live and work for years to come, it is vital that the borough council and its partners take the lead in kick-starting the borough’s economic recovery.
“We must take advantage of all opportunities available to us and the draft Economic Recovery Framework shows how we will work with other organisations to ensure the borough is well placed for the future.
“This includes attracting more investment and businesses to the borough by ensuring high quality office space is available for companies looking to move away from London, improving residents’ quality of life with thriving communities and job opportunities and supporting businesses who are based in the borough.”