Strategic Investment Areas
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Priority 3 of the 2000/06 EU Objective One Programme looks for ways to help businesses to grow in areas known as Strategic Investment Areas (SIAs).
SIAs are areas drawn on a map by Merseyside Partners, where money is being spent to help create new jobs. These areas are thought to be capable of supporting new development to provide work for both local people, and people who live further afield.
SIAs have been placed close to the poorest areas in Liverpool to provide new jobs for local unemployed people who live nearby. Creating jobs helps to lift people out of poverty and improves communities.
The 2000/06 EU Objective One Programme is spending money on eight SIA's across Merseyside. Five of these are within, or partly within Liverpool.
Each SIA is looked after by a different Strategic Investment Area Partnership made up from:
- City Council staff
- other regeneration groups
- people from the local community.
Liverpool Land Development Company looks after major regeneration projects in four of the five SIAs of the city. The only one they do not work in is the City Centre.
Liverpool's five Strategic Investment Areas are:
- Atlantic Gateway - shared with Sefton Metropolitan Borough Council
- Approach 580 - shared with Knowsley MBC
- City Centre
- Eastern Approaches
- Speke/Halewood - shared with Knowsley MBC