Tuesday, 15 January 2008

Eco-Park plans receive £2.5million funding

Redcar and Cleveland Borough Council is celebrating confirmation of £2.5million Single Programme funding from One NorthEast, the Regional Development Agency, for the construction of access and highway improvements to serve the first-ever Tees Valley 'Eco-Park'.

Working in partnership with Renew Tees Valley Ltd and Tees Valley Regeneration, the Council is planning an Eco-Park on a 53 hectare site off the A66 at South Bank to breathe new life into a derelict former steelworks site and potentially provide a new base for up to 20 renewables and recycling industry companies, creating up to 500 new jobs for the area.

Work is expected to begin by March in a phased development that will take place over several years.

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