HIE recognises the challenge of developing new investments and in helping to grow existing businesses in Caithness and Sutherland.
The current stability provided by ongoing work to decommission the Dounreay site is welcome and provides a platform on which to develop new opportunities in the area.
Key sectors for development in Caithness and Sutherland include Energy, Tourism, Business Services, Food and Drink, and Universities.
HIE will develop the existing company base to service nuclear contracts both within the UK and overseas. We anticipate that this will continue to offer significant growth opportunities for businesses based in the area especially in the short-medium term. We will continue to work with our partners in CNSRP (Caithness and North Sutherland Regeneration Partnership) and other key stakeholders, to develop a sustainable economic future post-Dounreay by capitalising on the current and potential energy industry opportunities such as Oil and Gas and Renewables opportunities.
We will work with partners to develop special sites such as John O’Groats and Dornoch as a destination of choice for visitors and to ensure that the wider area benefits from this increased profile, greater number of visitors and increased visitor spend. We will work to capitalise on the growing audience that the North Coast 500 has captured by working with public sector partners, local businesses and communities in Caithness and Sutherland to create an enhanced visitor experience and to assist businesses and communities to identify associated opportunities from the increase in passing domestic and international tourism trade.
We will build on the centres of excellence that we have in both Caithness and Sutherland to attract more employment around business services. We will develop both the range and skills employed in the area. This will include the attraction of well paid service jobs that can also benefit more remote parts of the area (through increased connectivity and initiatives such as home working).
We will help a range of local companies develop their ability to increase their presence in a number of markets and subsequently lead to increased profitability. We will do so through account management to develop capacity and skills to increase their presence in UK and international markets.
We will build on the work already undertaken by UHI and specifically the Environmental Research Institute to create a research hub for the development of marine renewables. We will also work with UHI to develop their aspirations for a vibrant and growing campus in Dornoch.