Build for world we live in

Millions to be invested in South Hampshire jobs

The Homes and Communities Agency (HCA) has announced a multi-million pound investment package for the Solent Enterprise Zone at Daedalus.Aimed at attracting more companies and supporting new developments at the site, the HCA has invested £8.3 million into the area as part of its latest tranche of funding for the scheme.The construction of a new cutting edge Centre of Excellence for Advance Engineering Skills Training at the site will provide a considerable boost to employment in the area.It will also attract considerable interest among engineering and technology businesses considering a move to the enterprise zone, as this latest investment will also provide funding for the creation of an additional 25,000 sq ft of office and workshop facilities.Councillor Sean Woodward, executive leader of Fareham Borough Council, stated this project is another sign that progress is being made in the area, with new jobs being supported in the aerospace, aviation and marine industries in particular.Colin Molton, HCA executive director for the south and south-west, said: "Our agreement to invest in this project is an integral part of the package to bring a new innovation centre, jobs and improvements to the Solent Enterprise Zone at Daedalus."It is good to see local partners leading this project which is another clear sign that progress is being made. We will work in tandem with our partners to ensure that this encouraging progress continues."Indeed, an additional £3 million loan from the Solent Local Enterprise Partnership (LEP) to the enterprise zone will facilitate construction of a new hangar in the north-west of the area, ensuring additional facilities for the aviation sector are developed in the coming months also.Gary Jeffries, director of the Solent LEP, concluded each of these new investments will provide a considerable boost to the zone's ability to attract high-value businesses and clients to invest in the UK. 

--- Ends ---

Return to previous page


Knauf News

Industry News

Twitter @Knauf_UK

Want to be in with a chance of winning a £500 Amazon voucher? Complete our quick feedback survey to enter!…
6 Hours ago

Build for world we live in