The natural and environmental capital of the islands’ is a strong base for the significant fish and shellfish processing industries in the area, and creates unique niche opportunities when it comes to marketing the Western Isles as a tourist destination. This resource is a further tool in the area becoming a global player in renewable energy generation and technology, and the associated manufacturing and support prospects.
The use of IT and telecommunication applications, together with a high degree of computer literacy have encouraged a growing number of independent teleworkers, and a network of remote back office and support centre activities. This enables people to live local and work global.
In financial terms the Western Isles Economy is estimated at £221 million or £7,827 per head in terms of Gross Regional Domestic Product (GRDP), with the main sectors being public services and administration; distribution; fishing/fish farming; agriculture; health and education.
WIE continues to aid businesses to develop and grow and address the challenge of the area's perceived remoteness. |