A new Economic Strategy for West Sussex has been produced by West Sussex County Council, in conjunction with partners, business representatives and the newly formed West Sussex Economic Growth Board (WSEGB).
With an economy worth £27 billion and strengths including in the manufacturing sector, West Sussex represents 8% of the economy within the South-East. However, the county’s economy faces a number of challenges including, productivity being modest compared with regional and national averages, housing costs continue to be high compared to earnings, and growth in our resident population is projected to be largely those of post-working age.
The strategy seeks to address these challenges by targeting key sectors with opportunities for growth, ensuring a skilled and inclusive workforce, supporting the transition to net zero, delivering sustainable development and supporting resilience.
The delivery of the strategy will be overseen by the WSEGB, which brings together leaders in business, local government, education, and health. The board focuses on the county’s economic needs and sustainable growth opportunities. The board will provide strong leadership on economic growth, develop a clear narrative for attracting investment, lobby on behalf of the county and ensure on-going dialogue with West Sussex businesses.
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