Infrastructure: North East

(asked on 5th March 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to provide funding for regional infrastructure development in the North East.


Answered by
Andrew Griffiths Portrait
Andrew Griffiths
This question was answered on 13th March 2018

Through our Industrial Strategy, we will make sure that we are using all the tools we have to stimulate growth in places such as the North East. That means using our record investments in infrastructure to unlock growth in every part of the country; using the major new investment in research to support innovative manufacturing businesses across the country; and encouraging inward investment into the parts of the country where we need to get growth going faster.

The North East LEP Growth Deal supported by £379.6 million of funding is estimated to provide 8,000 new jobs. The Growth Deal includes funding for the International Advanced Manufacturing Park (IAMP) providing a world-class environment for high-tech industries and advanced manufacturing businesses. South Tyneside and Sunderland Councils estimate that it will bring £300 million of private sector investment into the region, helping support and grow the manufacturing sector in the North East.

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