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OXFORD EMPLOYMENT LAND STUDY APPENDICES March 2006

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ii Major employers and economic drivers throughout the region<br />

iii Sectors with high value added growth potential, underpinning the region’s international trade<br />

performance.<br />

Policy RE3, which requires Local Development Documents to assess the employment needs<br />

of the local economy and workforce and include policies to provide for a range of sites and<br />

premises based on the following criteria:<br />

i locations that are accessible to the existing and proposed labour supply<br />

ii efficient use of existing and underused sites and premises<br />

iii locations which intensify the use of existing sites<br />

iv focus on urban areas<br />

v promotion of mixed use development where appropriate and subject<br />

Draft Review of Regional Economic Strategy for the South East Region (Dec 2005)<br />

Oxford is defined as within the Inner South East - a relatively wealthy core around London,<br />

where a strong relationship with a Global City sits alongside centres of economic vitality as<br />

strong as any in Europe, delivering much of the region’s ‘world class’ performance.<br />

The vision of the Strategy is for the South East to be a world class region achieving<br />

sustainable prosperity by 2016. The strategy to achieve this vision is built on 6 drivers of<br />

regional prosperity:<br />

- Employment<br />

- Enterprise<br />

- Innovation and creativity<br />

- Skills<br />

- Competition and business regulation<br />

- Investment in infrastructure<br />

Among the aims most relevant to Oxford are:<br />

* Continue to attract and retain high value added inward investors;<br />

* Stimulate international relationships strategic to the region for innovation and knowledge<br />

transfer, including through the development of the Greater South East as an International<br />

Science City-Region.<br />

The draft strategy notes that successful development and exploitation of new ideas is the<br />

cornerstone of economic growth and prosperity and that to harness this potential, the<br />

Chancellor of the Exchequer has encouraged the development of a Science City in each UK<br />

region, to be innovation hubs and drivers of regional growth.<br />

Central Oxfordshire Sub-regional Strategy<br />

5. On behalf of SEERA, Oxfordshire County Council is preparing a sub-regional strategy for the<br />

central part of the County, including Oxford and nearby towns. This will form part of the South<br />

East Plan but only a consultation draft is available. The core strategy seeks to build on the<br />

strengths of the sub-region, realising opportunities for further growth while protecting and<br />

enhancing the natural, historic and cultural environment. This contains a vision for Central<br />

Oxfordshire as an area where:<br />

• the character and setting of the internationally important historic city of Oxford are conserved<br />

and protected<br />

• the area’s economic strengths (in particular in research and development, building both on<br />

the world class University of Oxford and other institutions) continue to be fostered and<br />

developed<br />

LON2005/R10271-002

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