Cheshire & Warrington Local Enterprise Partnership has revealed a refreshed Strategic Economic Plan, setting out how the area aims to double its economy by 2040.
The new plan aims to grow the economy to at least £50bn of gross added value a year, create 120,000 net additional jobs, and build 127,000 new homes.
Key priorities and action points outlined in the plan include:
- Transport: improving the road and rail network and better co-ordinating public transport services to enhance the area’s important commuting routes
- Housing: ensuring the right numbers, type and quality of housing is developed in the right locations, at affordable prices; increase provision of smaller homes in urban areas to attract younger population
- Skills: encouraging employers to work with young people on career opportunities so they can understand what skills and education they need
- Energy: providing a roadmap for the LEP and its partners to capitalise on the area’s strengths in the energy sector, and deliver affordable energy and clean growth
Christine Gaskell, chair of Cheshire and Warrington LEP, said: “We have a strong economy that is outperforming the national average, a highly skilled workforce and unrivalled quality of place. “The SEP sets out how we can build on these strengths to deliver our bold vision for economic growth and the strategic priorities we need to deliver to reach our target of a gross domestic product of £50bn per year by 2040.”