More Good news for Nissan Sunderland

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Gel
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Location: Thames Valley UK
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From today's FT:

Nissan’s Sunderland plant wins out in UK local funding allocation

Government keeps promise to support development of manufacturing park next
to factory
.

The government has kept its promise to support the growth of Nissan’s Sunderland car
plant but has cut potential funding for other business projects in the north-east of England.
The north-east’s Local Enterprise Partnership is believed to have bid for about £150m of
the £556m the government allocated to the north of England in the Autumn
Statement.

However, it has been awarded only £49.7m, of which the lion’s share of £42.2m
has been earmarked for just one project: the development of the International Advanced
Manufacturing Park (IAMP), next to Nissan’s factory.

The park, a proposed base for high-tech industries and advanced manufacturing, is
expected to attract more than 5,000 jobs and bring in more than £300m of private sector
investment during the next decade. While Nissan will not be the sole beneficiary, the IAMP
funding is in line with the UK government’s pledge to the company to increase the use of
British companies in the automotive supply chain.
:roll:
2014-19 J11A-14 1.5dci Ink Blue Tekna owner; now departed for a Mazda CX-5 GT Sport Nav, 2.0L Petrol :D

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