Positive outcome on devolution is a critical milestone for our city region
Monday, 04 July 2016
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Jo Davis, Regional Senior Director at Bilfinger GVA in Bristol comments on the decision of Bristol City, South Gloucestershire and Bath & North East Somerset’s decision to accept the government’s offer on the devolution deal:
The decision by Bristol City, South Gloucestershire and Bath & North East Somerset councils to accept the devolution deal offered by the government is hugely important. Devolved powers will allow the region locally to make informed decisions on what infrastructure is needed, how it is funded and when and how it will be delivered. It will see investment over 30 years of up to £1B.
Critically, it will allow our City Region to build on its current success as the only UK Core City outside of London to positively contribute to GDP. The decision shows our City Region has strong outward facing leadership allowing us to showcase and build on our successes, nurture established national and international private sector relationships and deliver infrastructure projects on the ground to ensure our position as the only city outside of London to positively contribute to the GDP is not eroded.
The decision places our region in the strongest position to face the current uncertainty and tells the national and international markets that Bristol is a place to invest. It is a challenging yet exciting time for the our region.
For further information, please contact Jo Davis, Regional Senior Director, Bilfinger GVA on 0117 988 5224 or Jo.email@example.com