Attracting FDI to
old industrial areas
      Douglas Clark
Companies




Intermediaries               Locations
A Direction
Business Plan
Long Term
timeline
•   1992 Former Ravenscraig Steelworks closes
•   1992 Work begins to remediate contamination on the la...
People
Engaging Stories



  Barnsley : 21st Century “Tuscan Hill Village”
Risk Management




 Early investment wins – no-one wants to be first in – high risk
                                    g...
Дякую
     Д у
douglas.clark@tenongroup.com
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2 3 Clark

  1. 1. Attracting FDI to old industrial areas Douglas Clark
  2. 2. Companies Intermediaries Locations
  3. 3. A Direction
  4. 4. Business Plan
  5. 5. Long Term timeline • 1992 Former Ravenscraig Steelworks closes • 1992 Work begins to remediate contamination on the land, prepare development platforms and construct the main spine road system • 1994 Development Strategy for Ravenscraig produced establishing the principle of a mixed use development • 1997 Masterplan launched • 2000 Clyde Valley Structure Plan gives Ravenscraig Town centre status • 2001 Natural Heritage and Built Environment strategy adopted • 2003 North Lanarkshire Council approves outline planning application for overall development d l t • 2005 Outline planning permission issued by North Lanarkshire • 2006 Joint venture company, Ravenscraig Ltd, activated • 2006 House of Lords upholds Town Centre status • 2007 January – Balfour Beatty appointed to undertake £25m phase 1 Infrastructure works • 2007 O t b – M th October Motherwell C ll ll College St t of C Start f Construction on site t ti it • 2008 Autumn – First Homes completed
  6. 6. People
  7. 7. Engaging Stories Barnsley : 21st Century “Tuscan Hill Village”
  8. 8. Risk Management Early investment wins – no-one wants to be first in – high risk g Incentives & fast decision-making Public sector – an investment partner; reduced risk
  9. 9. Дякую Д у douglas.clark@tenongroup.com

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