A JOINT economic ‘masterplan’ has been launched in a bid to drag Hucknall, Ashfield and Mansfield out of the recession doldrums.
Ashfield and Mansfield District Councils have signed up to the vision, which is entitled ‘Ambition — A Plan For Growth’.
They say it is the backbone of long-term plans for stimulating the local economy — and getting unemployed Hucknall residents back to work.
Both district councils have recognised that there is a shared interest in achieving local economic growth and attracting and retaining investment, while improving the lives of all those who live and work in the area.
It is suggested that the economies of Ashfield and Mansfield underperform by a staggering £539 million a year.
The economic masterplan is designed to arrest this by bringing in well-paid jobs and promoting business opportunities.
The plan has been created in conjunction with the Sherwood Growth Zone — a body set up to help achieve developments that attract jobs and services.
The document targets investment in the three key areas — people, business and place — and residents are invited to take part in a consultation.
Five themes — skills and aspirations, employment, enterprise, investment and property — provide the foundation of the masterplan.
Coun John Knight (Lab), formerly of Hucknall and now leader of Ashfield Council, said: “The councils already have a proven track record of working together on initiatives to develop the local economy.
“The adoption of the masterplan will ensure that future collaboration has a solid strategic base.”
Coun Kate Allsop (Independent Forum), lead member for economic regeneration at Mansfield Council, added: “With the current financial climate, the adoption of the masterplan means Mansfield and Ashfield now have a sound, co-ordinated plan to see us through these challenging economic times and achieve further local economic growth.”