Nigel Huddleston MP welcomes government funding for the expansion of the Vale Business Park in Evesham.
This news comes as part of the announcement that more than 300 projects in England are to share the £900 million investment to build homes and infrastructure, and create jobs. Nigel Huddleston’s constituency of Mid Worcestershire is set to benefit from £600,000 investment under the Government’s Getting Building Fund which sets out to help economic recovery and growth across the country.
The £900 million fund, which was announced by Prime Minister Boris Johnson in June as part of the Government’s New Deal for Britain – an economic strategy to rebuild Britain after coronavirus, by putting skills and infrastructure investment at the heart of our economic recovery. More than 300 projects, which have been determined as ‘shovel-ready’ have been allocated a share of the fund. In total, the investment is expected to deliver up to 45,000 homes, create up to 85,000 jobs and reduce around 65 million kilograms of carbon dioxide emissions across England.
In Worcestershire, the fund will be used to support small businesses and help them make the most of their expansion opportunities. Worcestershire is home to a large number of small businesses whose growth potential has been held back due to lack of alternative premises. This project will help to fill an identified gap in the market for small-medium scale quality commercial space.
Nigel Huddleston said: “This is welcome news to news to businesses in the area and this project will open up opportunities for small businesses who need room to grow. As we begin to recover from the impact of Coronavirus, investment into businesses has never been so important. I am delighted that my constituency will directly benefit from this government money – helping to build the infrastructure our community needs while supporting jobs over the months and years ahead.”
Communities Secretary Robert Jenrick said “As we get Britain building we are also laying the foundations for a green economic recovery by investing in vital infrastructure for local communities, creating jobs and building environmentally-friendly homes with a huge £1.3 billion investment announced today. This Government is determined to level up all parts of the country and this funding will not only give a much-needed boost to our economic recovery, it will help build the good quality, affordable homes the country needs.”