Local MP Maggie Throup has welcomed news that Erewash is to be a direct beneficiary of a new £63 million Government funding package for Derbyshire and Nottinghamshire.
The Foundry Park project, based in Stanton, will delivery of 8,100 sq. m of new employment floorspace, creating around new 500 jobs.
The new funding, announced by the Secretary of State for Communities and Local Government The Rt. Hon. Sajid Javid MP, is part of the Government’s wider strategy for the ‘Midlands Engine’.
Commenting on the announcement, Maggie said:
“I am delighted that Erewash will directly benefit from part of the £63 million worth of new funding package announced by the Government.
“This acknowledges the Government’s commitment to investing in the Midlands Engine, and I am determined to make sure our area plays an integral part within the long-term strategy.
“It is also fantastic news that unemployment has now fallen to its lowest level since 1975, and I am sure that with new jobs created as a result of projects like Foundry Park we can get the numbers down even further.”