Thousands of Tees Valley jobs to be created with new international investment

Around 3,000 new jobs could be created in Tees Valley with a new ‘significant’ investment opportunity in the area.

Tees Valley Mayor Ben Houchen has received a formal approach by an international company for a scheme that would create thousands of jobs in the region.

While the company and specific location of the development cannot be revealed at present due to a strict non-disclosure agreement, the Mayor has backed a number of schemes including road improvement work as part of the investment.

Mayor Houchen commented: “My plan for the economic recovery of Teesside, Darlington and Hartlepool following the coronavirus pandemic is a plan for jobs – creating good quality high skilled local jobs for local people.

“This investment opportunity would do exactly that – creating as many as 3,000 jobs, which is why I have agreed to invest this money on road improvements so we can open the door to this huge development coming to the region.

“The last few months have been extremely difficult for everyone but we are on the comeback. We will make our region bigger, better and stronger than ever before by creating jobs for local people in not only high skilled areas, but in the industries of the future.”