Common use of Strategic Context Clause in Contracts

Strategic Context. Dundee lies at the heart of a City Region providing employment opportunities and services to a 30 minute drive time population which exceeds 300,000. In 2011, there were 72,100 employee jobs in the city's boundaries and a further 2,000 engaged in self-employment. The largest sectors were Health (23.8%), Retail (12.6%) and Education (11.9%). Economic regeneration over the last decade has been underpinned by the growth of knowledge based industries which employ 49.4% of the city's population compared to a Scottish average of 41.6%. The city's universities have established an international reputation for research and innovation and this has helped to drive the growth of key sectors such as life sciences and computer games development. The global economic downturn has impacted on Dundee as elsewhere. Employment levels have fallen and levels of worklessness have risen and with 33.6% of employee jobs in the public sector in 2011, compared to a Scottish average of 26.4%, future constraints on funding could have a significant impact. The prevailing economic climate, however, cannot dampen the sense that Dundee is undergoing a radical transformation which will leave the city well placed to benefit from an upturn in wider economic conditions. The £1 billion waterfront development, the flagship V&A at Dundee project and the opportunity to attract marine renewables investment provide confidence that the foundations for future economic growth will be firmly established over the next 5 years. In preparing this new single outcome agreement, the Dundee Partnership has undertaken a review of recent economic performance. Between 2008 and 2011, overall job numbers in the city fell by 4.8%. Although this was an unwelcome trend, the scale of decline was less pronounced than for Scotland (5.3%) as a whole. Despite the overall drop in job numbers, the number of knowledge intensive jobs remained stable at 35,600. The overall share of people seeking employment (ILO definition) rose however from 5.9% in 2008 to 8.9% in 2011, with the 16-24 year old age group particularly affected. Against a challenging environment, economic recovery and growth and the achievement of The overall outcome is that Dundee will be an internationally recognised city at the heart of a vibrant region with more and better employment opportunities for our people. Future economic growth will be achieved through a range of strategic approaches. Priority will be given to: • Creating the physical infrastructure required to provide a platform for future growth (e.g. Dundee Waterfront, V&A Dundee) • Supporting the development of sectors where Dundee has demonstrable strengths or opportunities to grow (e.g. Life Sciences, Digital Media, Offshore Renewables, Tourism) • Addressing above average employability levels and in particular worklessness amongst young people Partners will seek to ensure that effective physical infrastructure is in place to support future growth. The £1 billion transformation of Dundee's Waterfront will accelerate over the period 2013 to 2015 with realigned approaches to the Tay Bridge and the demolition of Tayside House and the Olympia swimming pool. Dundee Waterfront is one of the UK's top 20 regeneration projects spanning 5 distinctive development zones. The scale of the project is reflected in forecasts that it could eventually support 9000 jobs. Development plots will become available over the period 2013 to 2017 and a marketing campaign is in place to help secure investments. In 2013 alone over £100 million of capital projects will be started or completed including the District 10 project at Seabraes Yard which will support up to 38 creative industry sector jobs in flexible office space constructed from recycled shipping containers. Other projects which will be pursued include a new railway station concourse, Park and Ride facilities and super fast broadband services. Supporting key sectors to grow and maximise employment opportunities will remain a key focus. Dundee has achieved ▇▇▇▇▇▇▇▇ ▇▇▇▇ in a number of key sectors and work will continue to deliver partnership initiatives such as Biodundee, Tayscreen and Digital Dundee in order to stimulate future growth. In terms of the tourism sector, V&A at Dundee provides an opportunity to position Dundee and the wider region as an international visitor destination and is expected to generate 500,000 visitors in its first year of operation and 300,000 thereafter. Significant progress has already been made to secure the £45 million capital target, with £15 million commitment from the Scottish Government and first stage approval of £9.2 million in Heritage Lottery Funding. Work to secure the remaining capital and future revenue funding will continue. Partners will also work to ensure that the economic benefits of increased visitor footfall are optimised for existing businesses. V&A at Dundee will be a major asset that underpins the marketing of Dundee Waterfront to future investors. Plans for the museum have already inspired commercial confidence. Customs House at Dundee port is to be converted into the city’s first 5 star boutique hotel, with work commencing in May 2013, and Malmaison opens its new Dundee hotel in September 2013.The local community was engaged in the process of choosing the winning design for V&A at Dundee and a community engagement programme is being developed to ensure that V&A is accessible to visitors and local people alike.

Appears in 1 contract

Sources: Single Outcome Agreement

Strategic Context. Dundee lies at the heart of a City Region providing employment opportunities and services to a 30 minute drive time population which exceeds 300,000. In 20112010, there were 72,100 72,700 employee jobs in the city's boundaries and a further 2,000 2,433 engaged in self-employment. The largest sectors were Health (23.822.8%), Retail (12.612.2%) and Education (11.911.4%). Economic regeneration over the last decade has been underpinned by the growth of knowledge based industries which employ 49.4% of the city's population compared to a Scottish average of 41.6%. The city's universities have established an international reputation for research and innovation and this has helped to drive the growth of key sectors such as life sciences and computer games development. The global economic downturn has impacted on Dundee as elsewhere. Employment levels have fallen and levels of worklessness have risen and with 33.634.6% of employee jobs in the public sector in 20112010, compared to a Scottish average of 26.426.9%, future constraints on funding could have a significant impact. The prevailing economic climate, however, cannot dampen the sense that Dundee is undergoing a radical transformation which will leave the city well placed to benefit from an upturn in wider economic conditions. The £1 billion waterfront development, the flagship V&A at Dundee project and the opportunity to attract marine renewables investment provide confidence that the foundations for future economic growth will be firmly established over the next 5 years. In preparing this new single outcome agreement, the Dundee Partnership has undertaken a review of recent economic performance. Between 2008 and 20112010, overall job numbers in the city fell by 4.84%. Although this was an unwelcome trend, the scale of decline was less pronounced than for Scotland (5.36.3%) as a whole. Despite the overall drop in job numbers, the number of knowledge intensive jobs remained stable at 35,600rose over the period from 35,630 to 35,940. The overall share of people seeking employment (ILO definition) rose however from 5.9% in 2008 to 8.9% in 20112010, with the 16-24 year old age group particularly affected. Against a challenging environment, economic recovery and growth and the achievement of The overall outcome is that Dundee will be an internationally recognised city at the heart of a vibrant region with more and better employment opportunities for our people. Future economic growth will be achieved through a range of strategic approaches. Priority will be given to: • Creating the physical infrastructure required to provide a platform for future growth (e.g. Dundee Waterfront, V&A Dundee) • Supporting the development of sectors where Dundee has demonstrable strengths or opportunities to grow (e.g. Life Sciences, Digital Media, Offshore Renewables, Tourism) • Addressing above average employability levels and in particular worklessness amongst young people Partners will seek to ensure that effective physical infrastructure is in place to support future growth. The £1 billion transformation of Dundee's Waterfront will accelerate over the period 2013 2012 to 2015 with realigned approaches to the Tay Bridge and the demolition of Tayside House and the Olympia swimming pool. Dundee Waterfront is one of the UK's top 20 regeneration projects spanning 5 distinctive development zones. The scale of the project is reflected in forecasts that it could eventually support 9000 7000 jobs. Development plots will become available over the period 2013 to 2017 and a an ongoing marketing campaign is in place to help secure investments. In 2013 alone over £100 million of capital projects We will be started or completed including also seek to ensure that we use the District 10 project at Seabraes Yard which will support up procurement system to 38 creative industry sector jobs in flexible office space constructed maximise the community benefits from recycled shipping containersthis and other major contracts. Other projects which will be pursued include a new railway station concourse, a new access road into the Port of Dundee, Park and Ride facilities and super fast broadband services. Supporting key sectors sector to grow and maximise employment opportunities will remain a key focus. Dundee has achieved ▇▇▇▇▇▇▇▇ ▇▇▇▇ in a number of key sectors and work will continue to deliver partnership initiatives such as Biodundee, Tayscreen and Digital Dundee in order to stimulate future growthDundee. In terms of the tourism sector, V&A at Dundee provides an opportunity to position Dundee and the wider region as an international visitor destination and is expected to generate 500,000 visitors in its first year of operation and 300,000 thereafter. Significant progress has already been made to secure the £45 million capital target, with £15 million commitment from the Scottish Government and first stage approval of £9.2 million in Heritage Lottery Funding. Work to secure the remaining capital and future revenue funding will continue. Partners will also work to ensure that the economic benefits of increased visitor footfall are optimised for existing businesses. V&A at Dundee will be a major asset that underpins the marketing of Dundee Waterfront to future investors. Plans for the museum have already inspired commercial confidenceconfidence with Malmaison citing this as a major catalyst that influenced their decision to open in Dundee in 2013. Customs House at There is also a significant opportunity to position Dundee port is as a leading centre for the offshore renewables sector. Dundee City Council, Forth Ports and Scottish Enterprise are working in partnership under the Dundee Renewables banner to ensure that the city benefits from the investment required to help Scotland and the UK meet their renewable energy targets. Dundee has been identified as one of the key development sites in the National Renewable Infrastructure Plan drawn up by Scottish Enterprise. Renewable Energy Enterprise Area status has been granted by the Scottish Government. A memorandum of Understanding has been signed with SSE and discussions with investors will continue to ensure that Dundee maximises the job creation opportunities in this emerging sector. Providing support to existing businesses to maximise their growth potential and consider new markets will remain a key goal and Scottish Enterprise will continue to provide this service. Low levels of business start up in the city will be a key focus and support will be offered through Business Gateway, Dundee City Council E-Zone project and the Jobcentre Plus New Enterprise Allowance scheme to encourage improved levels of entrepreneurship. Addressing worklessness and in particular rising levels of youth disengagement will be a key priority. Between 2008 and 2012 the Dundee Employability pipeline has helped to deliver an integrated service to workless people in the city bringing together support agencies offering seamless support to help clients move into work or other positive destinations. Pipeline provision in the city has been refocused to ensure that it complements Department for Work and Pension provision and will be reviewed to ensure that services continue to meet the needs of key priority groups. Domestic and European funding will be aligned to maximise the resources available to support clients. Skills Development Scotland provision has been integrated into the Dundee Employability pipeline and under 25s represent 44% of those who receive support through the pipeline. Young people will be a future priority group. Results from the MCMC Total Place pilot will be used to identify further support initiatives. Dundee's higher and further institution will continue to be converted into vital drivers of the local economy and knowledge industries in particular. Collectively they provide employment for 4,700 (6% of the local economy) and education for 22,000 fulltime equivalent students annually. University of Abertay Dundee has established a world class reputation for digital media teaching and has driven the growth of the computer games industry in Dundee and further a field. This work will continue underpinned by Abertay's £2 million digital prototype fund. University of Dundee has helped to establish Dundee as a world class centre for life science research and as well as undertaking groundbreaking drug discovery work will continue to pre-incubate fledgling biotechnology companies. Dundee College will continue to be the main provider of vocational training and workforce development in the city and undertake knowledge transfer activity with local industry. Finally, enhancement of the city’s first 5 star boutique hotel, with work commencing in May 2013, 's image and Malmaison opens its new perception will remain a key priority. Dundee hotel in September 2013.The local community was engaged in Waterfront and the process development of choosing the winning design for V&A at Dundee are helping to change perceptions of Dundee. Engendering a positive image of Dundee will help to secure new investment and attract the best talent to stay in or relocate to the city. The One City Many Discoveries campaign will continue to develop innovative approaches in pursuit of this agenda. The following high level "economic health check indicators" have been selected to provide a community engagement programme is being developed measure of progression. In order to ensure establish targets which are both stretching and realistic a review of past performance has been considered alongside forecasts of anticipated future growth prospects and analysis of the opportunities the city can capitalise upon. Targets for all 8 indicators are modestly positive. This reflects confidence that V&A is accessible to visitors the projects and local people alikeinitiatives that are in place can deliver jobs but also a degree of caution and uncertainty surrounding macro- economic conditions.

Appears in 1 contract

Sources: Single Outcome Agreement