Waveney District Council has published an important document, laying out its regeneration priorities to the year 2017. The Council’s Economic Regeneration Strategy sets a clear 10-year framework, establishing how the Council intends to address the economic challenges faced by the Waveney District during this period.

The Strategy reinforces the Council’s commitment to the future economic prosperity of the District and demonstrates how the Council will respond to the recommendations of the recently launched ‘Waveney Prospectus’. It provides context, identifying the factors that influence the Waveney economy, clarifying the key challenges and committing to clear three-year action plans which show how WDC intends to measure success.

The strategy will:

• Maintain and build upon the momentum of the recently launched “Waveney Prospectus”
• Develop an informed vision for the future of the local economy
• Analyse local patterns of economic change and economic disadvantage, ensuring that data is shared between agencies
• Identify opportunities and threats that lie ahead
• Identify areas of economic activity where intervention may be needed
• Set clear targets to evaluate the efficiency and effectiveness of economic development and regeneration activity.

Cllr Wendy Mawer, Portfolio Holder for Economic Regeneration said: “An Economic Regeneration Strategy is one of the most important documents produced by a Council, especially in an area such as Waveney. This document lays out proposals to address the challenges facing the district and maximise economic growth from the significant opportunities available to Waveney.

“For too long Waveney has been seen as simply an area of need. Despite possible changes to the future shape of local government in Suffolk, we are determined to show the true value of Waveney as a wealth creator of regional and national significance.”

The strategy can be downloaded from this website: http://www.waveney.gov.uk/Regeneration/Economic+Regeneration/