Cheshire East Council has bid for – and won from Government through the Local Growth Fund – a total of £81.5m, representing the lions-share of infrastructure funding.
The Deputy Prime Minister has this morning announced the following:
- Congleton Link Road has received £45m;
- Poynton Relief Road has received £16.4m
- £20m injection into the collaborative Greater Manchester and Cheshire Life Sciences Investment Fund;
- A commitment to work with the Council to support the expansion of science and innovation across the Borough; and
- A commitment to work with the Council to invest in a new train station at Crewe.
As well as totally transforming and improving Cheshire East’s infrastructure, the announcement spells around 2,000 jobs for local people and, in some cases, an hour shaved off journey times.
The bid is part of the Cheshire and Warrington ‘Growth Deal’ which in total has received £142m to improve connectivity and deliver growth across the region.
It will improve town connectivity such as between Congleton and Chester, Macclesfield and Manchester, and will give a welcome boost to the life science sector across the sub-region.
The fund will provide much-needed investment funding to high-growth small to medium sized business across Greater Manchester and Cheshire.
Council Leader Councillor Michael Jones said: “This is all part of putting residents first. This is a major move forward under my leadership and heralds the beginning of some very exciting times for Cheshire East.
“We bid for it, we achieved it and now we bring it forward as a major project of investment that will bring jobs and wealth to the local economy, as well as better connectivity.
“This funding will secure around 400 jobs at Congleton, as well as many more at Alderley Park.
“It will also take one hour off the journey times from Junction 15 to Poynton, as well as remove heavy traffic, including lorries, from Poynton, Congleton and Holmes Chapel.
“We believe in putting residents needs first and this is just one example of how we are focusing on this promise and delivering on it.”
Congleton Link Road: £45m for infrastructure and delivery during the period 2015/2017.
Poynton Relief Road: More than £16m for infrastructure and delivery over 2016/2017.
Greater Manchester and Cheshire Life Sciences Investment Fund: £20m to bolster research and development into ground-breaking life sciences.
Out of a total of £71.1m funding allocated to transport from 2015/2016, £61.4m is allocated for Poynton and Congleton.
- A comprehensive round-up of the announcement visit: https://www.gov.uk/government/publications/cheshire-and-warrington-enterprise-partnership-growth-deal-2014