5 year Economic Development Action Plan agreed

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Published Date: 

25 Apr 2013 - 17:40

An Economic Development Action Plan (EDAP) which focuses Argyll and Bute Council’s resources on activities which will have the greatest beneficial economic impact over the next five financial years has been agreed by the council today. (Thu 25 April)

Lead Councillor for Environment, Development and Infrastructure, John Semple said,” This comprehensive plan outlines the key issues we have to address in Argyll and Bute if we are to unlock the opportunities offered by our economic assets for the good of our communities and the Scottish economy.

“A lot of work has gone into creating the action plan and aligning our vision for economic development in Argyll and Bute with the government’s own strategy for sustainable growth.  There has also been consultation across the business community in forming the plan. This is a working document which means it will be reviewed annually. It will help the council, partner organisations and our communities to work together to help identify and achieve our economic priorities both at a local and strategic level.”

The plan covers from 2013 until 2018 and is centred on four themes including competitiveness, connectivity, collaboration and compelling. Competitiveness focuses on businesses, places and sustainable economic assets. Connectivity is about transport, infrastructure, digital connectivity and the grid. Collaboration looks at national and European funding and policy, employability and skills development and the potential of the Third Sector. Compelling focuses on attracting new residents, visitors and inward investors.