Enabling our Economy, Protecting What Makes Jersey Special
Support for our Island’s industries, both traditional and new, is essential for our future, which is why the Medium Term Financial Plan addresses both the ongoing funding needs of our industries and explores how we’ll be developing new strategies to make sure they continue to thrive.
Alongside supporting our local business community, we also need to protect and develop those areas that are so essential to the quality of life we enjoy here in Jersey: our culture, arts, heritage and sport. This focus naturally includes the work of Visit Jersey, which has made a fantastic start in really showcasing what our Island has to offer to visitors.
The Medium Term Financial Plan includes retained funding to protect our agriculture and retail sectors, alongside support for the Island’s arts, heritage and culture sector. A major focus of our work will be to make sure that we’re empowering local businesses to do well and continuing to grow confidence in Jersey’s markets.
We know that we can’t do this alone. In developing a new, successful retail development strategy to protect our town centre and retailers across the island for example, we will be working closely with the Chamber of Commerce, the Retail Development Group and Jersey Business. We are listening to our local businesses and consumers to make sure we successfully and fairly balance their different needs and make sure our retailers can flourish in times of change.
To protect what makes Jersey unique, the Council of Ministers has signed off funding to help us build a new strategy for the Arts, Culture and Heritage sector. We will also develop a long-term Investment Strategy for our different cultural, heritage and arts facilities to enable them to reduce their dependency on grant support from government after 2020.
This work will ensure that we develop Jersey as a cultural hub with places and events of interest to islanders and visitors alike. To make sure our tourism sector continues to grow, we will be funding the work of Visit Jersey in implementing their Destination Plan, which aims to increase the number of visitors to Jersey to one million a year before 2030.
In terms of Sport Development, we’ve allocated £450,000 of growth funding between 2017 and 2019 to continue the delivery of the ‘Fit for the Future’ strategy The EDTSC is currently awaiting a report from the Jersey Sport Shadow Board on creating an independent, grant-funded organisation to lead on Sport Development, and we’re about to create a Sports Facilities Investment Strategy.
We need to take a long-term, collaborative view to protect those industries, places and events that make our Island special, and to make sure that our economy continues to grow and sustain our Island as a whole. Our work now with the MTFP is essential for laying the foundations of this healthy and prosperous future for Jersey.