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:
- 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
- Investment in signalling at Ashford International railway station to help secure international rail services at Ashford and up to 2,000 jobs
- 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
- 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
- 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.
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