Posted on March 25, 2014
Category: News

Today’s announcement by Siemens to invest £160m on two of the enterprise zone sites in the Humber is a huge boost to the region and a catalyst for more investment.

Combined with the £150m being invested by Associated British Ports (ABP) in Green Port Hull a total of £310m will be invested creating up to 1,000 direct jobs, with many extra jobs to be created during construction and indirectly in the supply chain.

The announcement adds to the confidence in the offshore wind industry and the Humber as the place in the UK to invest for energy related industries.

Lord Haskins, Chairman of the Humber Local Enterprise Partnership, said:

“This is a very significant investment for Hull and the Humber where this is our largest Enterprise Zone investment to date, and also for the UK as a whole as we develop our renewable energy sector.

“There are few names bigger than Siemens, so this is an important development both in its own right and as a signal for what may be to come. The same attributes that have attracted Siemens to the Humber, the UK’s Energy Estuary, are also proving attractive to other companies in the energy sector, and we are working to ensure that further manufacturing investments will follow.

“A great number of people and organisations have worked hard together to secure this investment for the UK.  It is an excellent example of what can be achieved when the local area pulls together and has strong backing from Government.  We must keep up the momentum to ensure that Siemens can be a magnet for further investment across the Humber, and a catalyst for changing our area for the better.  Hull and the Humber are in the spotlight for all of the right reasons – now it is up to all of us to make the most of this opportunity and ensure that we deliver.”

The LEP has supported the work of local authority partners for land assembly to encourage such investments to our Enterprise Zones.  The LEP will continue work to invest further in skills and supply chain initiatives to ensure that local people and businesses benefit from such development.

Lord Haskins, added:

“All these elements will now come together and partners and businesses will work hard to support further investments in local infrastructure and skills for the continued sustainable development around the estuary for years to come.

“The hard work now begins to use all the strengths we have to maximise job creation in the region and make sure we have a Humber workforce ready to take advantage of them.

“Momentum for Hull and the Humber is building by the day with Hull being named City of Culture 2017, announcement of the electrification of the Hull to Selby line as well as the continued expansion of the operations and maintenance base in Grimsby and the potential of the Able Marine Energy Park.”