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East of England Regional Economic Strategy

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East of England: Space for Ideas

Inventing our future

Collective action for a sustainable economy

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  • Great Yarmouth and Lowestoft
 
 

What do we need to change?

  • Enterprise
  • Innovation
  • Digital Economy
  • Resource Efficiency
  • Skills for Productivity
  • Economic Participation
  • Transport
  • Spatial Economy
  • The spatial response
    • 1Introduction
    • 2Engines of growth
    • 3Thames Gateway South Essex
    • 4Greater Cambridge sub-region
    • 5Greater Peterborough sub-region
    • 6Milton Keynes South Midlands growth area focusing on Luton as a regional city
    • 7London Arc sub-region
    • 8Greater Norwich sub-region
    • 9Haven Gateway sub-region
    • 10Coastal renaissance
    • 11Great Yarmouth and Lowestoft
    • 12Market towns and the economy of rural areas
 
 

The spatial response

Great Yarmouth and Lowestoft

A leading centre for offshore energy

Assets and opportunities
  • attractive biodiversity, landscape and coastline providing major tourism opportunities
  • unique built heritage and history
  • emerging economic catalysts in Great Yarmouth, with EastPort and offshore renewable energy in Lowestoft supported by OrbisEnergy
  • a critical mass of regeneration opportunities with over 300 hectares of land available for redevelopment within the next ten years, including 26 kilometres of water frontage.
Constraints
  • road and rail connectivity to major markets and a perceived poor image reduce the attractiveness of both towns for new business investment
  • below average percentages of the population with NVQ4 or above qualifications and significant numbers with no formal qualifications at all
  • high levels of deprivation, with average earnings below both county and regional averages
  • inadequate supply of quality affordable housing
  • a need to manage issues of coastal and fluvial flooding effectively.
Strategic ambitions
  • expansion of the higher and further education offer through the existing colleges, with support from the University of East Anglia and University Campus Suffolk
  • development of the EastPort outer harbour to provide modern port facilities and major employment opportunities
  • improving the tourism offer and including development of a large casino and associated investment in high-quality hotel, entertainment and leisure facilities
  • delivery of major physical restructuring as set out in the 1st East area action plan.
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OrbisEnergy, Lowestoft

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