Chris Starkie, Chief Executive of New Anglia LEP, said: We are pleased to see the Government is refocussing its proposed Investment Zones with an emphasis on developing growth clusters. We believe a strong case can be made for Investment Zones in our area supporting our world-leading knowledge in energy, ICT and agri-food. Our Enterprise Zones in Norfolk and Suffolk have been a huge success and under our strategic five-year plan launched last year more than 3,300 jobs could be created and 200 new businesses supported. Investment zones provide a clear opportunity to support sustainable growth in some of our key locations and sectors and we look forward to hearing more from the Government about where they might be located.
“Confirmation from the Chancellor that the proposed Sizewell C nuclear power plant will go ahead is fantastic news following so much uncertainty. Nuclear is an important part of the mix in terms of ensuring our future self-sufficiency in the energy market and supporting the region’s clean growth ambitions. Once operational, Sizewell C will generate enough energy for six million homes, create thousands of jobs, and benefit the local supply chain. Few other developments can deliver economic growth on this scale and the benefits will be felt across the whole region.”