South East England Development Agency is Closing on March 31, 2012

The Government has announced that all Regional Development Agencies (RDAs), including SEEDA, will close by 31 March 2012.

Responsibility for economic development and regeneration in England is being passed onto successor bodies, including Local Enterprise Partnerships (LEPs) and central Government departments

Our objective is to ensure a professional and cost effective closure by this date.  We have pledged to work closely with our partners, contractors and stakeholders to ensure that the past and future economic benefits of key programmes and assets continue to deliver the greatest economic value for the South East and value for money for the taxpayer. 

Please click here for more details about our closure plan, transition arrangements and successor organisations.

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In action: Milton Keynes Oxfordshire and Buckinghamshire

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Milton Keynes, Oxfordshire and Buckhinghamshire (MKOB) is one of the most successful and high performing sub-regions of the South East making a significant contribution to this region’s economy. Within MKOB and extending northwards into Northamptonshire and the Bedford unitaries is the Milton Keynes South Midlands (mksm) growth area. On a similar scale to Thames Gateway this growth area will see the development of 225,000 homes and 192,000 jobs bewtween 2001 to 2021.

Key Facts:

  • 1.6million people live in the area
  • 57,000 business operate, employing 658,000 people, and
  • £38billion GVA is generated annually, 24% higher per capita than the UK.

Key sectors

MKOB is one of the highest-performing economic regions in the South East due to the wide range of industries that are based here, from banking, finance and insurance, to manufacturing, biotech, healthcare, and education, the area is teeming with economic prosperity.

In this section you can read more about: