INFRASTRUCTURE
Margaret Thatcher "You and I come by road or rail, but economists travel on infrastructure"
WHAT IS THE PROBLEM?
Lack of investment
Lack of support from important stakeholders
No coherent alignment of interests
Lack of available finance
Lack of leadership
WHO SUFFERS FROM THIS SITUATION?
Local residents
Local businesses
Visitors
WHAT CAN BE DONE TO IMPROVE THINGS?
Encourage inward investment
Encourage support and ideas from local Stakeholders
Align interests
Identify private and public sector funding
Identify quality leadership
WHO WILL BENEFIT?
Local residents
Local businesses
Visitors
Sandown Town on the Isle of Wight needs substantial inward investment to reverse years of neglect once stakeholder consensus is reached. Significant private and public sector funding will therefore need to be identified to undertake improvements in several areas including:
1. Education - Here
2. Development
3. Leisure
4. Tourism
5. Support for business
6. Positive Politics - Here
SUPPORT INFRASTRUCTURE
National politicians
Local politicians
Planning authorities
Local investment initiatives
Banks
Businesses
Investors/entrepreneurs.
CURRENT NEW INFRASTRUCTURE IDEAS INCLUDE:
Pedestrianisation - High Street and/or Esplanade.
Theme Park.
Floating Harbour.
But most of important of all. YOU!
What changes would you like to see and how do you think you might help achieve them?
IMPORTANT CONSIDERATIONS
Supporting local business
Coordinated approach
Sustainable
Carbon footprint
Environmentally friendly (especially towards the sea)
Social impact awareness
WHAT IS THE COUNCIL DOING TO ENCOURAGE REGENERATION?
This 2019-2030 Regeneration Strategy for the Isle of Wight aims to set out how the council is leading the agenda to ensure the economic future of the Island and create the Island that is a great place to grow up, live, work and visit. The strategy sets out where the council believes we are today and the actions and activities they believe will enable the vision for the future to be realised.