The Black Country Enterprise Zone will receive up to £6.25m to improve infrastructure so heavy duty electricity can be supplied to the i54 South Staffordshire Advanced Manufacturing and Engineering site. Land works and road improvements will ensure that the remaining development plots are made available more quickly to potential occupiers.
Tom Westley, Black Country LEP Board member lead for the Enterprise Zone said, "The Black Country LEP welcomes the announcement of the injection of an additional £6.25m for essential infrastructure to supply heavy duty electricity, undertake abnormal works to improve the stability and loadbearing capacity of some of the development plots and road improvements on i54.
"This investment will ensure the Black Country Enterprise Zone becomes the beating heart of a strategic cluster of advanced manufacturing companies."
On a visit today to i54, Lord Deighton, Commercial Secretary to the Treasury, said, "Quality infrastructure is key to creating a competitive economy and putting Britain at the front of the global race. That is why we have prioritised spending on infrastructure and set out a long term strategy to make sure the UK tackles decades of underinvestment.
"With the potential to create 6,000 jobs by 2020, the Black Country Enterprise Zone will give a huge boost to the area, attracting investment from around the country and beyond. But we have to prepare now and that means getting infrastructure right.”