50 major growth initiatives have been kick-started in the last five years

The Lancashire Enterprise Partnership has set out its vision for the future in a report which captures its progress over the last five years.

By The Newsroom
Tuesday, 14th March 2017, 7:04 am
Updated Friday, 24th March 2017, 11:01 am
The new document looks back on the last five years and moves forward
The new document looks back on the last five years and moves forward

Entitled Our Achievements, the report reinforces the Lancashire Enterprise Partnership’s track record in securing substantial private and public sector investment to drive growth, to create new jobs and vastly improve the county’s infrastructure.

It includes details of how the LEP has, in just five years, delivered over £1 billion of transformational economic programmes across Lancashire which have kick-started over 50 major growth initiatives.

These projects are helping to support the county’s 50,000 businesses who generate almost £28 billion per year, confirming Lancashire’s position as one of the most significant economies within the Northern Powerhouse.

Chairman Edwin Booth said: “I am immensely proud of the work that the Lancashire Enterprise Partnership has achieved so far, but for us to fulfil our full potential, and ensure we close the GVA gap between ourselves and other parts of the UK, will require us to continue to dig deep, work hard, innovate and unite together as a county.

“With the impetus of the government’s Northern Powerhouse initiative, and devolved powers being handed to key regions in the UK, we do have a once in a generation opportunity to transform our economy and the lives of all Lancastrians.

“Rather than simply being an account of what the LEP has delivered, this document captures our ambitions for Lancashire’s future growth; it’s a powerful calling-card for more investment from both government and the private sector, and a manifesto for more collaboration and partnership working across the county.”

One of the many projects in the report include the e £450M Preston, South Ribble and Lancashire City Deal, which aims to create 20,000 new jobs and 17,000 new homes.

Read it here:

To download a copy of the Our Achievements report visit the following: http://www.lancashirelep.co.uk/media/44700/annual_report_