Guernsey Press

Giba encouraged by action plan addressing air links as priority

IMPROVING air links should be given the highest priority in an economic development action plan, says the business organisation that represents the island’s financial services industry.

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Improving air links should be given the highest priority in an economic development action plan, according to the Guernsey International Business Association, which said it was encouraged by the ‘ambitious’ strategy document published by the Committee for Economic Development. (Picture by Adrian Miller, 21626739)

The Guernsey International Business Association said that it was encouraged by the ‘ambitious’ strategy document published by the Committee for Economic Development, and the recognition that targeted investment in the economy is appropriate.

Giba also said that it was looking forward to the publication of the action plan to implement the strategy and associated key performance indicators shortly after amendment or approval by the States, which is due to discuss the economic blueprint in June.

‘With the next election not that far away, there is under two years left to catch up and for the current States to leave a positive legacy,’ said Giba chairman David Oxburgh, pictured.

‘We urge a focus on what can be achieved in the coming two years and in particular in ensuring that the absolutely highest priority is allocated to maintaining and expanding our air links, making these more reliable and affordable with both action and investment needed to achieve this.’

On air links, Giba also welcomed a move to an ‘open skies’ approach for all other than ‘lifeline’ routes, with Economic Development bringing forward its air transport licensing policy letter.

However, politicians and officers of the committee needed to working with potential carriers and airports now to capitalise on the new ATL regime when it is introduced.

The Giba chairman added that the strategy involved cross-departmental support and working, and was not just for the Committee for Economic Development to implement.

‘Discussion and agreement by the States on the main strategy areas is therefore key.’

While recognising the need to diversify the economy, Giba said it was pleased that the plan was not to ‘throw the baby out with the bathwater’ with clear recognition of the importance of the finance sector – and the need to continue to develop and support it.

‘Much of the work of the financial framework development is already under way, but we welcome the transfer of more of the strategic input to Guernsey Finance, working with industry,’ said Mr Oxburgh.

Giba also welcomed the proposed preparation of an action-focused skills plan, any attempts to cut red tape and recognition of how art and sporting events benefit the economy.

It also warned that a ‘glass half empty’ attitude was not helping attract business to the island.

‘Whilst there are undoubtedly many challenges, there is still plenty to be positive about. We therefore welcome the recognition of the need to promote the many reasons to be positive and Giba will certainly play its part in promoting the benefits of living, working and doing business in Guernsey,’ said Mr Oxburgh.