Sector - Sports, Culture & Leisure
Government gives go ahead to Thames Estuary 2050
The government has pledged a multi-million pound package of commitments to drive forward the Thames Estuary 2050 vision. The project will create jobs, build new homes and boost local economic growth.
The package is in response to the Thames Estuary 2050 Growth Commission’s 2018 report, and its ambitious plans to create 1.3 million new jobs and generate an extra £190Bn for the local economy.
Communities Secretary Rt Hon James Brokenshire MP also put forward a number of new measures as part of a wider government support to realise the vision, including:
- £1M to establish a new Thames Estuary Growth Board oversee and drive economic growth plans for the area
- £4.85M to support local partners to develop low-cost proposals for enhancing transport services between Abbey Wood and Ebbsfleet
a Cabinet-level Ministerial Champion will be appointed to act as an advocate and critical friend for the region within government will also be appointed
Communities Secretary, the Rt Hon James Brokenshire MP, said: “The Thames Estuary has long been a gateway to the UK economy and has enormous untapped potential, which has the power to benefit those that live and work in the area.
“Having considered the recommendations of the Thames Estuary 2050 Growth Commission, I have announced a number of steps we are taking to unlock an even brighter future for the Estuary’s economy, marking the beginning of a new and bolder approach by this government to support the area.”
Encompassing East London, North Kent and South Essex, the Thames Estuary has the potential to support growth right across the country. Served by international airports and seaports, it is home to an internationally-significant financial services cluster at Canary Wharf and is achieving huge success as a cultural and creative powerhouse.
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