Capital Investment: Thurrock

(asked on 18th October 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps his Department is taking to encourage companies to invest in Thurrock.


Answered by
Sarah Jones Portrait
Sarah Jones
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 6th November 2024

Growth is the government’s central economic mission and we are currently developing an Industrial Strategy which aims to drive growth across the UK through investment in key sectors and regions.

DBT looks to encourage investment across the UK and works closely with relevant economic development and inward investment officers at Essex County Council, The Thames Freeport and the Thames Estuary Growth Board (PRP) along with the local councils as appropriate.

Investment into the wider region (Essex, Kent and East Sussex) has been consistent between 2021-2024. The number of jobs created rose to 1281 in 2023-2024, a 40% rise from the previous year.

The Lakeside shopping Centre at West Thurrock continues to be an attraction for foreign retailers and DBT has supported retail and distribution investments in the region from Aldi, Lidl and Amazon.

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