Durham Tees Valley Airport's £6m plan to create 1,500 jobs (From The Northern Echo)
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Durham Tees Valley Airport's £6m plan to create 1,500 jobs
8:00am Thursday 14th June 2012 in News
By Andy Richardson
Durham Tees Valley Airport
A PLANNED massive expansion of Durham Tees Valley airport is among the region’s bids for government regeneration cash.
The £5.9m scheme would create 1,500 jobs with a freight and logistics operation at the ailing airport, which has seen passenger numbers collapse in recent years. The expansion would take about ten years to complete.
New roads and improved transport services will be built on 150 acres of land south of the airport runway.
The Northern Echo understands the land is within the Stockton Borough Council area and that it already has planning consent for aviationrelated development.
Peter Nears, the strategic planning director for airport owner Peel Group, said: “This is a very significant project, not just for the airport, but the area as a whole.”
It has the backing of Tees Valley Unlimited Local Enterprise Partnership, the Homes and Communities Agency, together with Stockton and Darlington borough councils.
“While there are a wide range of possibilities for attracting businesses related to aviation activities, we expect that a key element in the development will be logistics services, given the proximity to the A66, leading to the A1 and the national motorway network,” Mr Nears added.
The scheme is vying with bidders from across the UK for a share of a £1bn fund set up to create jobs in areas hit hardest by public sector cuts.
The bids include proposals to establish a £40m Tees Valley Business Loan Fund to support small companies that have been refused loans by high street lenders. It would back about 500 businesses and create or safeguard 3,000 jobs across the region.
A bid for £3.8m to develop the region’s petrochemical industry said it would attract £1bn of private sector investment and potentially create 2,000 jobs in the coming years.
An application has been made to help young people take their first step into the world of work.
The fund is expected to be massively oversubscribed with only one-in-four bids set to receive a payout. But the Tees Valley has a strong track record from previous bidding rounds and enterprise chiefs are hopeful that the Government will back the latest plans. Winners are announced in the autumn.
The North East Local Enterprise Partnership, which covers County Durham, Tyneside and Wearside, last night confirmed it was backing bids to the fund from a “healthy number” of private and public sector applicants.
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Comments (13)
10:21am Thu 14 Jun 12
GeordieB says...
And of course, drop the stupid passenger fee and parking charges.
Just think of how many people who want to go to other places apart from Aberdeen or Amsterdam. They're all spending money in fuel or train / bus tickets going to Leeds-Bradford, Newcastle or further afield. That money could be put into the local economy. All they have to do is put on the routes.
10:50am Thu 14 Jun 12
swissball says...
11:17am Thu 14 Jun 12
freelance says...
Not a news story.
Just a 'may do'-'could do' article
5:23pm Thu 14 Jun 12
always right says...
5:31pm Thu 14 Jun 12
Spy Boy says...
4:52pm Fri 15 Jun 12
always right says...
6:47pm Fri 15 Jun 12
suecurry says...
This sounds great as the airport used to have many intercontinental and international flights. If you remember it was a real hub, a centre for Teesside and North Yorkshire.
Today as far as I know there are just a few flights to Holland - so unless something improves soon - eventually there may not be an airport on Teesside
You probably know this but those that nearly closed Teesside airport are now involved in running South Tees Hospital.
There seems to be a parallel with the Friarage Hospital in Northallerton.
If things don't improve soon - eventually there won't be a hospital in Northallerton
Concerned
Sue
9:15pm Fri 15 Jun 12
John Justice says...
6:20pm Sat 16 Jun 12
trafficman says...
I've lived close to the airport for more than 20 years and would be happy to see more holiday flights and the south side developed to create jobs. However, just imagine the scenario of moving close to a busy road only to learn that a 6 lane motorway is being built.
As for Councillor Doris Jones - more power to her elbow!
7:34pm Sat 16 Jun 12
John Justice says...
8:39pm Sat 16 Jun 12
trafficman says...
If no one challenges the decisions of big business the man and woman in the street would be obliterated. I hope that, given his name, John Justice agrees that residents are entitled to a fair hearing and justice.
1:33am Sun 17 Jun 12
johnny_p says...
10:12am Sun 17 Jun 12
John Justice says...