PABC
Issues and Correspondence

14th January 2013

Tim Jones

Chair
LEP

Tracey Lee

CEO
Plymouth City Council
PL2 2BG

PRIVATE SECTOR SUPPORT FOR THE “CITY DEAL”

PABC represents the private sector within the Plymouth travel to work area. It has received a full briefing on the opportunity for the selection of Plymouth within the allocation for a Wave Two designation under the City Deal initiative.

This has been considered carefully and a unanimous endorsement has been given to support both the principles of this submission and full involvement throughout the duration of the project. Plymouth Area Business Council feel that this is a significant opportunity for both the Plymouth area and for substantial engagement with a broad range of private sector partners.

The central objective of driving the Marine Technology Sector is regarded as vital in attracting and unlocking business investment both from within the established business stock and from national and international inward investors. This is also regarded as a unique opportunity for a seamless approach to be adopted from all key stakeholders within the public and private sectors.

PABC is willing to commit both their endorsement and to a long term participation in this process.