Monday, 2 February 2015

High five for Kent

Five development projects, identified by the Kent & Medway Economic Partnership as priorities, have successfully unlocked funding from the Government’s Local Growth Fund.

The news Kent and Medway has been granted £19.4m to help deliver an estimated 3,600 jobs has been widely welcomed and follows a bid by the South East Local Enterprise Partnership.

The £19.4m for Kent and Medway will help to deliver: 
  1. Relocation of an existing marina and improved highway connections to permit expansion of cargo-handling facility and regeneration of the waterfront at Dover, leading to 100 new homes and the creation of 500 jobs 
  2. Investment in signalling at Ashford International railway station to help secure international rail services at Ashford and up to 2,000 jobs
  3. New lorry parking capacity in the M20 corridor at Westenhanger, Shepway, alleviating congestion, tackling Operation Stack, and facilitating new housing and up to 300 jobs
  4. Growth in the advanced manufacturing sector through the provision of new employment (up to 1,000 jobs) and innovation space at Rochester Airport in Medway 
  5. Mixed-use redevelopment of Folkestone seafront to provide up to 500 jobs, 300 homes, improved leisure facilities and public realm.
The new funding, totalling £46.1m to cover projects in Kent, Essex and East Sussex, is in addition to the £442.2m of funding committed by the Government on 7 July 2014.

The announcement was part of a nationwide programme that saw 30 ministers despatched from Westminster to every corner of England to unveil the successful bids worth an estimated £1bn.

You’d never know there was an election around the corner – would you?

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