Unveiling the Hidden Gem of the UK: The Gatwick Diamond Initiative January 4th, 2024 Mya Driver By Brett North, Chairman and Chief Executive of the Gatwick Diamond InitiativeIn the picturesque stretch from South London to the vibrant coasts of Brighton and Hove, through the charming landscapes of Newhaven, extending out to North Kent, lies a hidden gem of the UK: the Gatwick Diamond. Encompassing parts of East and West Sussex along with areas of Surrey, this region, while not always the initial consideration for development and investors, tells a compelling story of growth, innovation, and potential.The Gatwick Diamond: An Economic PowerhouseAs the chairman of the Gatwick Diamond Initiative, I’ve witnessed our region evolve into a £24 billion economy. Home to approximately 43,000 businesses, including 300 major multinationals, the area is a thriving hub for international trade and commerce. The Gatwick Diamond is not just about its proximity to Gatwick Airport, the UK’s second busiest and Europe’s eighth busiest airport. It’s about the diverse sectors flourishing here, from high-tech and engineering to defence and MedTech.Connectivity and Accessibility: A Strategic AdvantageOne of the Gatwick Diamond’s strongest suits is its connectivity. Located just 45 minutes from central London, it offers unparalleled access to one of the world’s leading financial centres. Additionally, train connections extend up to Oxford and Cambridge, linking us with renowned educational and technological hubs and mainland Europe too. Our geographical position also provides easy access to the European continent, making it an attractive location for international businesses.A Hub for Innovation and IndustryOur region is not just diverse in its business sectors but also rich in innovation. From leading the way in aviation to pioneering in MedTech and high-end engineering, the Gatwick Diamond has become a beacon for cutting-edge technology and research. Companies like Boeing, Thales, and Elekta, a leader in radiation therapy, have chosen the Gatwick Diamond for its strong scientific and technological environment. The presence of these global giants speaks volumes about the region’s capability to support high-tech industries.Affordability and Economic EfficiencyOperating a business in the Gatwick Diamond is considerably more economical compared to central London. This cost efficiency is a significant factor in drawing businesses to the area. With a large pool of skilled professionals who would normally commute to London, businesses can enjoy the same quality of workforce at a more affordable cost. The rise in hybrid working models further enhances the region’s appeal, offering a balance of proximity to London and economic efficiency.A Thriving Community and Quality of LifeThe Gatwick Diamond is not just a business hub; it’s a community. Amidst our industrial and technological advancements, we haven’t overlooked the importance of housing and quality of life. The region boasts areas of outstanding natural beauty and national parks, offering an idyllic setting for living and working. Developments like Wood Gate at Pease Pottage exemplify our commitment to building communities, not just houses, and integrating education, retail, and healthcare facilities.Fostering a skilled workforceThe availability of a skilled workforce is a cornerstone of our region’s success. Our focus on local skills and investment in education ensures a steady stream of talented professionals. This readiness to adapt and support new industries is a testament to Gatwick Diamond’s resilience and forward-thinking approach.Development Opportunities and SustainabilityAddressing the stereotype of limited land, the Gatwick Diamond has ample opportunities for development, both on brownfield and greenfield sites. We’re witnessing innovative conversions of agricultural properties into modern business environments, reflecting our commitment to sustainable development.The Gatwick Diamond at UKREiiF 2024Looking ahead to UKREiiF 2024, our message to investors and developers is clear: if you seek growth, connectivity, and a dynamic business community, the Gatwick Diamond is your ideal destination. Our region offers a unique combination of accessibility, a skilled workforce, and economic efficiency, positioning itself as a prime location for both UK-based and international businesses.A Call to ActionThe Gatwick Diamond is more than just an economic zone; it’s a vibrant community poised for growth and innovation. As we prepare for UKREiiF 2024, we invite investors and developers to explore the potential of this hidden gem. Join us in writing a new chapter in the story of the Gatwick Diamond, a story of prosperity, innovation, and community. www.investgatwickdiamond.co.uk