The Thames Estuary 2050 Growth Commission has published its report which sets out an ambitious vision for north Kent, south Essex and east London up to 2050.
The Commission’s analysis shows that the Thames Estuary could generate an additional £190 billion of Gross Value Added (GVA) and 1.3 million new jobs by 2050.
It estimates that at least 1 million new homes will be needed to support this growth.
To unlock the area’s untapped potential, the Commission proposes viewing the Estuary as a series of interconnected but distinct productive places.
It identifies fifteen priority projects to deliver this vision, aligning with the following priorities including expediting the delivery of the Medical Campus at Ebbsfleet, extending Crossrail 1 from Abbey Wood to Ebbsfleet, establishing a Great Thames Park to celebrate and maximise the value of the area’s natural assets, and develop statutory Joint Spatial Plans in Kent and Essex to empower local authorities to deliver housing.
James Brokenshire MP, Secretary of State for Communities, said: “The Thames Estuary has enormous untapped potential and we are determined to unlock this to drive both local and national economic growth.
“The Commission has provided us with a bold and ambitious set of recommendations, which we will consider in detail and respond to in due course.”
Sir John Armitt, Chair of the Thames Estuary 2050 Growth Commission, said: “Without concerted action, there is a risk that the Thames Estuary will fail to achieve its potential, at a huge opportunity cost to local communities and the national economy.
“The resounding message from the consultation that the Commission has undertaken is that there is ambition in the Thames Estuary to deliver high-quality development and the best economic outcomes for people.
“However, a ‘business as usual’ approach will not deliver growth at scale and pace; governance reform and new delivery models are needed.”
Professor Sadie Morgan, Deputy Chair of the Thames Estuary 2050 Growth Commission, said: “I think we have created an inspiring but deliverable vision for the Thames Estuary.
“It reflects the interconnected, but distinct places that make up the Estuary, and is rooted in the ideas and priorities of its communities and leaders.”
“This is part of the country is uniquely placed to meet the challenges of the 21st century – a tapestry of productive places along a global river.
“This has been an incredible journey, and I would like to thank the many people who have helped us along the way and brought our vision to life.”
The government will consider options for working with local partners to achieve long-term, sustainable growth by boosting productivity, driving housing, and ensuring communities benefit from future growth.
Since it was established in March 2016, The Thames Estuary 2050 Growth Commission has been working to develop a vision and delivery plan for North Kent, South Essex and East London up to 2050.
Our BQ Bulletin emails will land in your inbox at 7.30am, Monday to Friday, with a mix of the latest local business news, national news, and features to inspire you. Sign up here!
Click here to read our privacy statement