Wednesday, August 17, 2011

Tees Valley Enterprise Zone

At last the months of hard work have paid off - the Tees Valley has its enterprise zone, announced today.  Of course some will complain that it's being called Tees Valley, but to be honest I don't care what it's called as long as it helps to bring some much needed enterprise and employment to the area.  The real triumph of the people who've been working on it for so long is in convincing the civil servants that a zone is not necessarily a point in space.  The Tees Valley's zone is made up of several locations across the area, some of which will benefit from being able to offer help with capital investment and some with reduced business rates.   Stockton will have 2 such areas immediately - one at Belasis Park to build on the successful business presence already there and one at the Eco Park at Billingham.  Eventually, part of North Shore will also benefit.  All in all, a very good outcome for the Tees Valley and the Borough, enabling us to encourage businesses to come in and provide jobs and spending in areas of need. 
So another good government policy takes effect.  Well done to all the people who've worked so hard to make sure it happens.

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