Rural Regeneration: Newquay Flashcards
Enterprize zones
-No planning permission needed for businesses to set up
-Superfast broadband
-Council tax discounts of up to 100% for 5 years
-These factors attract businesses and TNCs to Newquay, allowing it to develop economically
Aerohub
-Aim is to diversify economy away from tourism
-Next to airport so accessible
-Create 700 high skill, high pay permanent knowledge economy jobs in first year
-Superfast broadband
-Incentives
Farm diversification
-Moving away form traditional farming to bring new markets
-Selling traditional cornish food e.g. ice cream, which increases domestic + international tourism
Why is it a priority?
-Facing challenges due to economy being based off of tourism e.g. holiday homes, high cost of living
-Need to diversify economy