Renfrewshire business leaders will recommend a strategy to support the region’s future economic success this autumn.
Members of the region’s Economic Leadership Panel have been working together on the proposals which will underpin the approach over the coming years.
The panel was set up in 2017 drawing from leaders across the private and public sector, enterprise agencies and education and skills experts.
This brings together major local employers including Glasgow Airport, Hillington Park, Intu Braehead and DXC Technology, as well as SMEs and microbusiness, Renfrewshire Chamber of Commerce, West College Scotland and the University of the West of Scotland.
“I’m incredibly proud of what Renfrewshire has to offer locally, nationally and internationally,” explains Economic Leadership Panel Chair James Lang, Director of Bridge of Weir-based Scottish Leather Group.
“There’s a strong collective pride in our place across the panel and we are all determined to deliver a bright future for Renfrewshire. The panel has been looking at the key sectors to the region and identifying how we make Renfrewshire a prosperous place to live, visit, work and invest, a place which leaves no-one behind.
“Once we present these plans for the council’s consideration, that is just the beginning. For the strategy to succeed everyone will need to play their part and having this panel ensures we can keep communicating, evaluating and adjusting the strategy as we move forward.”
Panel members have been considering how to grow key sectors of the local economy. This includes manufacturing, which already accounts for one-fifth of the area’s economic output and employs 9000 people, with the potential for significant growth to make Renfrewshire one of the largest locations for manufacturing industries in the UK.
The strategy will also set out how Renfrewshire can improve its competitiveness and capitalise on £1.4billion being invested in world-class research and development facilities, infrastructure and skills, while thousands of new homes being built here will support growing the working age population.
Renfrewshire Council Leader Iain Nicolson said: “We have high levels of employment in Renfrewshire and have committed substantial investment to grow the economy, creating new neighbourhoods to live in, new jobs to work in and new places to visit. Combined with our proud heritage, as a place rich in creativity and innovation, we have fantastic foundations to build upon.
“We face significant challenges and barriers too, not least areas of persistent poverty and we know that the only way to achieve inclusive economic growth is through collaboration and by listening to what our communities tell us they need.
“I look forward to seeing the strategy brought forward for the council’s consideration later in the year and know that working together we can ensure a thriving Renfrewshire.”
