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Thames Gateway calls for private investment |
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Monday, 12 March 2007 |
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The Chief Executive of Thames Gateway Judith Armitt has called for greater private investment in the Thames Gateway programme.
Speaking at the MIPIM international property summit today, Armitt believes that Thames Gateway offer a better investment opportunity than ever before.
She said: "This is the place to locate and invest if you want to be part of one of the fastest growing international economies. Unlocking the Gateway's potential could contribute up to £12bn annually to the UK economy. And our new ambition is to attract £40bn of private investment into the Thames Gateway."
Despite an investment from the Government of £7bn, and further funding that will be set out later this year, Judith Armitt says that private investment is the key to the Gateway's lasting success.
She said: "The private sector is crucial to delivering sustained economic regeneration and growth and that is what we are setting out to achieve."
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