Bosses at the New Anglia LEP are targettig a slice of a new £60m Enterprise Zone fund to help fund better connections such as roads.

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New Anglia, which has been tasked to grow jobs and remove the barriers to business growth in Suffolk and Norfolk is looking for funding to get key infrastructure projects can be completed quickly.

The enterprise zone covers six sites in Lowestoft and Great Yarmouth and is part of the East of England Energy Zone - looking to provide a range of benefits to energy-related businesses.

A successful bid could release cash to pay for links to local road networks, upgrading or installing utilities, or reconfiguring site layouts.

ndy Wood, New Anglia chairman, said: “This is a really exciting development. We’ve been looking at infrastructure needs across the six sites and will closely study the criteria for funding and put our best case forward.

“If we are successful in our bid, the fund will help put in place the infrastructure required to unlock sites. This will enable developers to build more premises on the Enterprise Zone that companies need to thrive.”

“It will build on our success of attracting Seajacks, the global jack-up vessel company and engineering training company Nexus, to the Enterprise Zone.”

Colin Law, Leader of Waveney District Council, said: “This is a fantastic opportunity to bid for the kind of funding that will help create growth and local jobs. If we are successful it will enable us to deliver the infrastructure we need even more quickly and in these difficult times it is a very welcome boost.”

Trevor Wainwright, leader of Great Yarmouth Borough Council said: “There has already been new development on both the Enterprise Zone sites at Beacon Park in Gorleston and in the South Denes area of the town and this new fund will give us the opportunity to bring forward our plans to develop the Enterprise Zone further and hasten the creation of jobs in the Borough.”

3 comments

  • What percentage of funding so far has come into the "Enterprise Zone' as compared to the overall LEP area? There are three priorities for Yarmouth. 1) Dual the Acle Straights. 2) Third River Crossing and 3) The link Road A47A149 Talk of a 'slice of £60Million' is a drop in the ocean with regard to those! Having followed these debates and consultations for the last 30 years, and seen the many Millions already spent on the possibility of those three important schemes (and nothing happening) it is little wonder that local people are sceptical when they see other far more recent schemes such as the Norwich NDR always taking priority over anything in Yarmouth.

    Report this comment

    Nick

    Monday, February 25, 2013

  • Lets start with dueling the Acle straight before we run off and build more houses because withouth the Acle straight being duelled we will have bottle neckes everywhere like we have now.

    Report this comment

    Dave

    Monday, February 25, 2013

  • going to build a outer harbour that works, then more house, may be in 20 years dual the acle straight,

    Report this comment

    number one

    Tuesday, February 26, 2013

The views expressed in the above comments do not necessarily reflect the views of this site

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