The contribution of Scottish Enterprise as a partner to National Scale Regeneration Projects

Joe Noble

Operations Director

SE Fife

Format

SE’s Role in Regeneration Current Projects Future Role Discussion

“Private & Public Partnerships in Scottish Regeneration

Where are we now?”

SE’s Role in Regeneration

Strategic Rationale - Ensuring Scotland is a globally attractive location

Physical, Economic & Social Regeneration

Physical - SE investment to reclaim derelict areas for productive economic use

Partnership - Greatest impact with focused projects where its role with other relevant partners such as local authorities or private sector investors or developers has been clearly defined

Project – Clyde Waterfront

Objective - 15-year plan to transform an 8 mile area around the River Clyde into a vibrant area to live and work

Partners - Glasgow and Clyde Valley Structure Plan Joint Committee; Communities Scotland; and Glasgow City, Renfrewshire and West Dunbartonshire Councils

Inputs - £1.67bn public sector (£126m SE) investment

Outputs – Focus on Priority Industries 33,000 jobs (23,000 new to Scotland); new business, leisure and housing developments near the river; improved transport links

Project – Clyde Gateway

Objective - Kick-start the regeneration of the whole East End of Glasgow over the next ten years

Partners - Glasgow City and South Lanarkshire Councils; and Communities Scotland

Inputs - £1.6bn public sector (£42m SE) investment

Outputs - 21,000 jobs; 10,000 new homes; 400,000 sqm business/commercial property; 50,000 sqm retail/services facilities supporting leisure, public and cultural uses new transport and other infrastructure

Project – Waterfront Edinburgh

Objective - Transform 140 hectares of derelict industrial land around Granton into a world-class living/working environment

Partners - The City of Edinburgh Council; Forth Ports; National Grid Property; and Waterfront Edinburgh Ltd

Inputs - £582m public sector (£16.625m SE) investment

Outputs - 9,800 net additional jobs; 6,500 new homes; 340,000 sqm business/office space; 27,000 sqm industrial space; and two new schools

Project – Energy Park Fife

Objective - Development of 133 acre former oil rig fabrication yard into a leading edge industrial facility for Scotland's energy sector

Partners - Fife Council & Private Sector

Inputs - £12.6m public sector (£9.9m SE) investment

Outputs – Priority Industry Focus 2,000 jobs; 345,000 sq ft of new/refurbished facilities; 93 acres of derelict land reclaimed and serviced

LOAN

Urban Regeneration Companies (URC’s)

Five URC’s have been formally established in Scotland (Raploch, Craigmillar, Clydebank, Inverclyde and Irvine Bay), their purpose being to:

Provide a single vision and strategic focus for the regeneration of an area

Act as a catalyst for private sector investment by raising investor confidence

Guide investment by the public and private sectors towards an agreed set of objectives and outcomes

Speed up the pace of delivery Maximise the use of public sector assets,

including land Provide a strategic approach to tackling

infrastructure issues such as transport and land assembly

Future Role – from 1 April 2008

Focus on Enterprise, Innovation and Investment

LEC (12) structure removed replaced by a Regional (5) delivery model

Investment includes Business Infrastructure projects important to the regional/national economy

Local regeneration activity in the Scottish Enterprise area will also become the responsibility of local authorities

Summary & DIscussion

Strong Traditional SE Input to Partnerships

Changing Political Landscape SE Future Priorities What does the Partnership

Landscape of the Future Look Like?

Discussion

“Private & Public Partnerships in Scottish Regeneration

Where are we now?”

The contribution of Scottish Enterprise as a partner to National Scale Regeneration Projects

Joe Noble