- Government has announced more than 300 ‘shovel-ready’ projects in England to share £900 million investment to build homes and infrastructure, and create jobs.
- Plymouth Sutton and Devonport are to benefit with £4,520,000 investment, as part of the Conservative Government’s plans to level up the whole country.
Plymouth Conservatives have welcomed the announcement that Plymouth Sutton and Devonport will benefit from £4,520,000 of investment, under the Government’s Getting Building Fund.
The £900 million fund, which was announced by Prime Minister Boris Johnson in June as part of the Conservative Government’s New Deal for Britain – an ambitious economic strategy to rebuild Britain after coronavirus, by putting skills and infrastructure investment at the heart of our economic recovery.
More than 300 projects, which have been determined as ‘shovel-ready, have been allocated a share of the fund. In total, the investment is expected to deliver up to 45,000 homes, create up to 85,000 jobs and reduce around 65 million kilograms of carbon dioxide emissions across England.
It builds on the commitments made by Boris Johnson and the Conservatives during last year’s General Election to level up the whole country, investing in infrastructure and communities across the whole country. The Prime Minister’s New Deal accelerated more than £5 billion of investment on infrastructure projects, including the Getting Building Fund, while the Chancellor has also recently set out a Plan for Jobs, to support people in the wake of the coronavirus outbreak.
Communities Secretary Robert Jenrick said:
“As we get Britain building we are also laying the foundations for a green economic recovery by investing in vital infrastructure for local communities, creating jobs and building environmentally-friendly homes with a huge £1.3 billion investment announced today.
“This Government is determined to level up all parts of the country and this funding will not only give a much-needed boost to our economic recovery, it will help build the good quality, affordable homes the country needs.”