GBSLEP welcomes Department for Transport allocations to support economic growth
The Department for Transport has today (Friday) approved bids worth more than £10 million from the Local Pinch Point Fund for improvements that will benefit economic growth projects in the GBSLEP. These were:
- Birmingham City Council – Birmingham Ring Road, facilitating access to the Birmingham City Centre Enterprise Zone – £3.9 million
- Centro – West Midlands Access to Growth Package – £2 million
- Worcestershire County Council – Hoobrook Link Road Phase 3 – £4.9 million
Andrew Cleaves, GBSLEP Director with responsibility for transport, said: “Today’s announcements that more than £10 million of Department for Transport Local Pinch Point Fund investment will be supporting projects enabling growth in the GBSLEP is great news.
“The package of measures for the Birmingham City Centre Enterprise Zone not will not only relieve congestion at a series of key locations on the Ring Road, but will support the long-term development of the EZ.
“Having the potential to create 40,000 new jobs and increase GDP by £2 billion a year, the Enterprise Zone is a flagship scheme for the LEP and Birmingham City Council’s successful bid will play a major part in moving it forward.
“We are also delighted to see the success of Centro’s Access to Growth package which will support improvements a number of specific developments benefitting key sites across Greater Birmingham and the Black Country.
“Equally significant is the allocation in Worcestershire.
“The bid to support the third phase of the Hoobrook Link Road will help to facilitate the development of 24 hectares of land in Kidderminster and has support from both the GBSLEP and Worcestershire LEP.
“These improvements will have not only a significant and lasting impact but more importantly, the local authorities can get on with them quickly.
“And, perhaps most of all, it shows how local authorities and LEPs are working together to support improvements to our transport infrastructure.”