Decision
(a) That the draft Local Industrial Strategy
(LIS) for Dorset be endorsed;
(b) That this Council’s agreement to any
minor changes requested by Government (in early 2020) be delegated to the Leader
of the Council in consultation with the Portfolio Holder for Economic Growth
and Skills;
(c) That Dorset Council seeks to support
implementation of the Dorset LIS through appropriate alignment with its own
Economic Growth Strategy, due to be presented to Cabinet members in Spring
2020.
Reason
for Decision
It is critical that Dorset can articulate a
clear, well-evidenced economic ambition to Government, whilst also giving
confidence to local business and future private investors. It is important that, when required, Dorset
can move at pace to respond to both public and private investment
opportunities. A Local Industrial
Strategy for Dorset with an aligned Council economic growth strategy and action
plan, utilising the same economic analysis, will enable sustainable economic
growth and prosperity for Dorset.