Economic development strategy - London Borough of Hillingdon

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TRANSPORT AND HEATHROW Heathrow There are approximately 350 companies based at London Heathrow, the majority of these directly support airport related business. Through the procurement of goods and services Heathrow airport has considerable strategic influence on the local business community, affecting the location, type, size and nature of local businesses and thereby local employment opportunities. In employment terms, Heathrow generates £5 billion per annum in wages, sustaining 270,000 jobs in the UK alone. Heathrow is a major economic influence on the borough, the sub-region and the country as a whole. The impact on the borough is both positive and negative. Better collaboration with BAA will help businesses and the public sector capitalise on its positive impacts and work to mitigate some of the negative effects. Areas for greater collaboration include: • Work to mitigate the environmental impact of the airport – e.g. a detailed specification for excellence in architectural design and energy efficient building, needs to be developed for all development south of M4. • In circumstances where there would be advantages for the wider Hillingdon economy, explore whether all airport dependent business is best located on the airport site, or whether it may be beneficial to move office-based employment off the airport site to utilise empty office accommodation within the borough and provide local, accessible employment for borough residents. From this, businesses such as logistic parks and freight could be located more closely to their supply sources. This may prompt greater supply-chain opportunities to open-up to local businesses, particularly small and medium enterprises, creating local employment opportunities and presenting opportunities for the on-going regeneration of Hayes and the West Drayton corridor. These opportunities however, must be balanced by concerns regarding the environmental impact of Heathrow Airport. • Hillingdon could do better at embracing the unique opportunity presented by Heathrow Airport and exploit its international links, for example foreign students, business tourists etc, many of whom stay in the borough, but few will be aware of the local and sub-regional attributes and spend time and money in the borough itself. In recognition of the huge significance that Heathrow airport has on the London and UK economy, airport related businesses are working collaboratively with Brunel University to explore the potential for creating a University of Aviation Business (UAB), which would confirm Heathrow’s status as a knowledge-rich and high-value business. The UAB would create synergy between Heathrow airport and the University with its proud engineering history and in so doing complement the objectives of West Focus by creating stronger links between industry and education. The UAB, although conceptual and virtual, could lead to more cost effective and high quality mechanisms for addressing specialised human resources and skills development requirements, as well as knowledge transfer between higher education institutes and industry. The project could also have a range of wider economic, social and environmental benefits. 13 HILLINGDON’S ECONOMIC STRATEGY FOR A SUSTAINABLE ECONOMY 2005-2015 - A PROSPEROUS BOROUGH
TRANSPORT AND HEATHROW Heathrow: Action In the interest of harnessing the potential of the airport for the benefit of the borough in terms of education, training, environmental protection, tourism, land use and business supply chains, it is suggested that work is undertaken in partnership with BAA and its supply chains to plan action for the development of each of the following areas: • Meet the buyer – continue to build the capacity of local businesses to compete for and deliver Heathrow work contracts. Use this model to demonstrate best practice and cascade practices to other businesses in the borough and the public sector (particularly the council and Primary Care Trust). • Complement work underway to map Heathrow initiatives in recent years, identifying what went well and what did not, in an attempt to action plan for the future and to add value where appropriate. • University of Aviation Business - The UAB has the potential to become a flagship initiative for Hillingdon and further work needs to be done to ensure the borough’s involvement and support in order to maximise benefit for local residents. Greater collaboration with a range of agencies including Uxbridge College and secondary schools would add value to the project and create borough-wide stakeholders in this project. HILLINGDON’S ECONOMIC STRATEGY FOR A SUSTAINABLE ECONOMY 2005-2015 - A PROSPEROUS BOROUGH 14
Page 1 and 2: A prosperous borough Hillingdon’s
Page 3 and 4: Contents Foreword Hillingdon’s ec
Page 5 and 6: Hillingdon’s economy, our aspirat
Page 7 and 8: HILLINGDON’S ECONOMY, OUR ASPIRAT
Page 9 and 10: Key economic opportunity areas © C
Page 11 and 12: Transport and Heathrow
Page 13 and 14: To Watford Rickmansworth Moor Park
Page 15: TRANSPORT AND HEATHROW Transport: A
Page 19 and 20: EDUCATION, EMPLOYMENT AND THE KNOWL
Page 27 and 28: EQUALITIES Equalities issues The pr
Page 29 and 30: HILLINGDON FOR BUSINESS AND THE HIL
Page 35 and 36: Housing, environment and quality of
Page 37 and 38: HOUSING, ENVIRONMENT AND QUALITY OF
Page 39 and 40: APPENDIX 2 Table illustrating the l
Page 41 and 42: APPENDIX 3 A prosperous borough Act
Page 43 and 44: APPENDIX 3 A prosperous borough Act
Page 45: Translation service Obtaining infor

Economic development strategy - London Borough of Hillingdon

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