Decision details

RESOLVED:              That the updated draft Norfolk Economic Strategy, which will also be known as the ‘Local Growth Plan’ for Norfolk, be endorsed with the following additional points to be passed to the County Council for their consideration:

·         Specific reference to the existence of the CITB in reference to the construction sector, along with its close link with the College of West Anglia.

·         The protection of the Environment being included as a golden thread throughout the document.

·         An energy Action Plan to be included

·         The priority of supporting SMEs in procurement.

·         Strengthen opportunity for King’s Lynn – Cambridge growth corridor

Reason for Decision:

The draft Norfolk Economic Strategy will act as a policy for the Norfolk County Council, but also serve as a framework for a wide range of partners including districts, education institutes and the private sector. The strategy will act as a Local Growth Plan for the new Labour Government, who will expect bids for funding to reference the strategy. It is therefore an important policy document which will open up opportunities for West Norfolk in line with the corporate priority to support growth and prosperity and the priorities emerging from the West Norfolk Economic Strategy