Received a report setting out a comprehensive strategy for the Council’s economic development work over the next 3 years, which will be vital to the realisation of the 2020 Vision for the Borough.
The Best Value Review of Barking and Dagenham’s Regeneration Strategy identified the need for an Economic Development Strategy for the Council to seize the opportunities created by the redevelopment of the Thames Gateway to diversify and renew the Borough economy.
Agreed to endorse the strategy as the basis for the Council’s economic development work over the next 3 years, in order to assist the Council in achieving its Community Priority of “Regenerating the Local Economy”.