Economic Vision for Dundee

A new vision to help drive Dundee’s economy forward for the future could be set to get the go ahead.
Public sector bodies would join forces with local businesses through the Dundee Business & Economic Forum to produce an action plan based around the concept of ‘Dundee’s Growth Story’.
Councillors will hear that the plan would identify opportunities that the city can build on to deliver economic growth.
These include the transition to a knowledge economy, culture and tourism, Dundee Waterfront, city centre investment and clean growth. Stimulating population growth, tackling unemployment, job creation, improving earning levels and supporting businesses with the transition to net zero are among the challenges that have been identified.
The Fair Work, Economic Growth and Infrastructure Committee will be told that seven key themes will be explored.
These are:
• Promoting the city
• Growing the population and talent base
• Building the new Dundee
• Powering the entrepreneurial city
• Expanding the knowledge economy
• Community Wealth Building
Sustainable economic growth and diversification,
The plan will be discussed by council officials, business leaders and other stakeholders at the Dundee Economic Summit in June.
Once a plan is developed, a draft will be brought back to councillors.
Committee Convener Councillor Steven Rome said: “Already, through our City Plan and Council Plan, local partners are showing a real commitment to tackling economic challenges and developing new opportunities for the future.
“However, nobody is under any illusion about the scale of the task facing us and that is why it is so important that we leave nothing to chance. “Development of a new economic vision for the future of Dundee is more vital than ever given the scale of current events. I would like as many stakeholders and interested parties as possible to take part in the formulation of the plan.
“We will be keen to underline our commitment to fair work and sustainability as these are key parts of our drive to make the city a better place for everyone. “I look forward to hearing the input of partners and to seeing the plan take shape.”
The Fair Work, Economic Growth and Infrastructure Committee meets on Monday April 21.
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