Posted on March 23, 2016Category: News Tags: Growth Deal, Humber, Infrastructure, Investment
The Humber Local Enterprise Partnership (LEP) has welcomed the Government’s announcement that it will agree a further round of Growth Deals with LEPs.
More funding for the Local Growth Fund was confirmed in the Budget, and yesterday the Secretary of State for Communities and Local Government announced that £1.8bn will be allocated to LEPs through a competitive process starting immediately.
Projects supported by the Humber LEP through its first Growth Deal include the improvements to flood defences at Albert Dock in Hull completed last year, which were highlighted in the Government’s announcement. Other projects currently being constructed include improved access to Humberside Airport, a new cycle link in Goole, infrastructure and enabling works in Grimsby Town Centre and improvements around Trinity Market in Hull.
The 28 projects are being delivered by partners including local authorities and colleges.
Lord Haskins, Chair of the Humber LEP, said: “The new round of growth deals will enable LEPs to invest in more projects that support economic growth. Our existing programme is progressing well with construction underway at several locations across the Humber, supporting the objectives of our Strategic Economic Plan.”