Southend-on-Sea is part of the South East Local Enterprise Partnership (SELEP) who, in conjunction with the Mayor of London, are dedicated to an exciting vision for the Thames Estuary Production Corridor (TEPC). The TEPC aims to transform North Kent and South Essex through culture-led growth. The Thames Estuary 2050 Growth Commission also aims to improve the region and capitalise on the vast potential the Thames Estuary has as a growth corridor that will be expected to keep pace with London.
Southend-on-Sea Borough Council is also working with six other councils to promote growth in the region with increased collaboration through the Association of South Essex Local Authorities (ASELA).
SELEP is the largest Local Enterprise Partnership area in England outside of London in terms of population and economic output. SELEP brings together businesses, councils, universities and other industry players in a ‘coalition for growth’ and also encompasses East Sussex, Essex, Kent, Medway and Thurrock.
- Thames Estuary Production Corridor: it has been predicted that the long term investment in creative industries could create 50k new jobs and add £3.7bn to the UK economy.
- The Thames Estuary Commission believes 1.3million jobs could be created in the Thames Estuary region by 2050.
- Thames Estuary 2050: ‘By 2050, the Thames Estuary will be a tapestry of productive places along a global river. The Estuary will generate £190billion additional GVA.’
- The SELEP region includes 166,000 businesses and 9 universities.