The Argus£200 million project launched (From The Argus)

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£200 million project launched

The Argus: £200 million project launched £200 million project launched

A TREASURY minister was at Gatwick today to announce a multimillion-pound growth package for the region.

The six-year deal will see more than £200 million poured into creating jobs, homes, roads and flood defences – plus supporting new businesses.

With additional public and private funds the overall investment amounts to £443 million.

David Gauke MP, Exchequer Secretary to the Treasury, joined Coast to Capital LEP chairman Tim Wates, chief executive Ron Crank and Gatwick chief executive Stewart Wingate (all pictured above) to announce the deal.

A new ASEAN Gateway at the airport will boost trade with Southeast Asian nations, with £3.7 million investment, digital growth will be supported with £3.4 million and Preston Barracks, a research laboratory for commercial research and high growth businesses, will get £7.7 million.

Meanwhile flood defences, housing and workspace will get an £11 million boost in Newhaven and Shoreham.

Mr Crank said: “Investment in the region’s business infrastructure is vital for its successful future performance and there is much to do.

“We must ensure this first year programme is delivered and we must prepare the investments and projects for the remainder of the six-year programme.

“It is clear that, as successful as our region already is, we need significant investment in our transport infrastructure, in business support and in skills, if we and the UK as a whole, is going to compete internationally.”

Comments (1)

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2:13pm Tue 8 Jul 14

stevo!! says...

"A new ASEAN Gateway at the airport will boost trade with Southeast Asian nations...."

Thus leading to a huge increase in Asians living in the area.

I've never understood why humans have to move along with their goods. The whole point of trade is that the producers of those goods remain in their own country, where they can continue to produce those goods.

If the region is already successful, it doesn't need things like this.
"A new ASEAN Gateway at the airport will boost trade with Southeast Asian nations...." Thus leading to a huge increase in Asians living in the area. I've never understood why humans have to move along with their goods. The whole point of trade is that the producers of those goods remain in their own country, where they can continue to produce those goods. If the region is already successful, it doesn't need things like this. stevo!!
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