The Minister for Cities, Greg Clark, formally signed the City Deal with Black Country local authorities and the Black Country Local Enterprise Partnership today.
The City Deal was agreed by Government in December 2013 and in the next four years will:
• Create 5,800 new manufacturing jobs
• Leverage around £130 million of private investment to regenerate Brownfield sites across the Black Country
• Create 1,500 apprenticeships in high value manufacturing jobs
• Provide intensive support for 2,800 long-term unemployed people in the area to help them find a job
Stewart Towe, Chair of the Black Country LEP, said, "The Black Country’s partnership approach has made the City Deal possible; it will enable the Black Country to seize global opportunities based on our strengths as the beating heart of UK High Value Manufacturing and ensure more of the products made in the Black Country are sold around the world.”
Councillor Roger Lawrence, Leader of Wolverhampton City Council, on behalf of the local authorities, said, "This City Deal is the beginning of a new era of growth in the Black Country as it gives the Black Country the opportunity to create new jobs, boost business and provide new housing in regenerated land.”
Greg Clark, Minister for Cities, said, "This City Deal is a landmark achievement. It puts the levers of power firmly into the hands of the Black Country so that everyone can benefit from real, local economic growth. The jobs that it will create, the commercial sites it will unlock and the skills it will provide to young people and the long-term unemployed will put the Black Country in a prime position to take advantage as the economy turns the corner.”
Pictured above, L-R: Councillor Adrian Andrews, Deputy Leader Walsall Council; Councillor Ian Jones, Cabinet Member Sandwell Council; Greg Clark, Cities Minister; Stewart Towe, Chair Black Country LEP; Councillor Roger Lawrence, Leader Wolverhampton City Council; Councillor David Sparks, Leader Dudley Council.