£47m boost for North East infrastructure with new government funding
The government has awarded the North East up to £47m for local infrastructure projects to support the region’s recovery from COVID-19 disruption.
The region has been awarded the funds from the government’s Getting Building Fund, part of Prime Minister Boris Johnson’s New Deal to help the country to recover economically following the coronavirus pandemic and subsequent lockdown.
Andrew Hodgson, chair of the North East LEP, commented: “This is welcome news from the government, and demonstrates they have been listening to our region’s collective call for significant investment to help businesses and the economy recover from the impacts of the coronavirus pandemic.
“We will now work closely with the Ministry of Housing, Communities & Local Government to ensure the portfolio of projects are delivered on time and fuel the North East’s economic response to the pandemic.”
Cllr Iain Malcolm, chair of the North East Combined Authority, added: “This new funding is a welcome step forward as we move ahead with infrastructure plans that will allow our residents and businesses to not just recover but thrive post-COVID-19.
“The move will drive growth and productivity, both of which are needed right now.”
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