2002 (previous) Regional Economic Strategy

Realising Our Potential - the current regional Economic Strategy

Since the Regional Economic Strategy was launched in 1999, there have been significant changes - in the world economy, in the UK and in the region itself. If the North East is to look forward and adequately prepare for opportunities and threats ahead, it is essential that the region identifies what has been implemented in the past three years, what has worked and what has not and plans its future course accordingly.

After a twelve week public consultation in which some 2,000 individuals from across the North East were involved, Realising Our Potential, the 2002 update of the regional Economic Strategy, was published.

The Executive summary gives the key messages of Realising Our Potential:

Introduction and Vision

The vision set in Realising Our Potential is underpinned by six interdependent objectives:

Creating Wealth by Raising the Productivity of all Businesses (B1)
Establishing a New Entrepreneurial Culture (B2)
Creating a Healthy Labour Market Supported by a Skilled Workforce (B3)
Recognising Our Universities and Colleges at the Heart of the region's Economy (B4)
Meet 21st Century Transport, Communication and Property Needs (B5)
Realising the Renaissance of our Rural and Urban Communities (B6)

- Sub-regional partnerships

- Creating a more sustainable north east

- Capacity Building

- Annex

Useful Contacts
RES contact
RES@onenortheast.co.uk
Tel: 0191 229 6899