Positive business reaction to Govt plan for development of Oxford-Cambridge Arc
|Author: Carl McKellar||Published: 19th February 2021 08:38|
Business clusters in the Oxford-Cambridge Arc region have strongly welcomed the government’s announcement today that it will identify the needs to propel the Arc’s innovation-led economy.
By developing its Spatial Framework Plan, government will bring together the key enablers of sustainable growth to discuss innovation, science and deep technology skills, the commercial property spaces and digital infrastructure that business needs, and the sustainable transport, environment and housing that employees want.
The Arc region spans the five counties of Oxfordshire, Buckinghamshire, Northamptonshire, Bedfordshire and Cambridgeshire. In its announcement, the government said it aims to “transform it (the Arc) into one of the world’s premier growth corridors and a world-leader in sustainability”.
Roz Bird, Chair of the Silverstone Technology Cluster and Commercial Director at MEPC Silverstone Park, commented: “The cutting-edge technologies and innovation created in our networks will be key to the UK’s economic success in the coming years.
“The government can be assured that the Arc’s business clusters will come together to contribute to this framework, backing and delivering on a strong economic vision that will create local opportunities that match the growth ambitions of our members.”
South East Midlands Local Enterprise Partnership (SEMLEP) Chair, Peter Horrocks OBE, said: “SEMLEP is keen to support a strong business voice in the creation of sustainable growth plans for the Arc. We welcome the Arc’s high tech cluster organisations’ comments on the government’s proposal for an Arc spatial framework. Bringing the world-leading knowledge networks across the Arc together will help to deliver the Arc vision for a premier innovative and sustainable economy.”