Thursday, 17 July 2014

LOCAL GROWTH DEAL

Last week the Government announced the new Local Growth Deal for Cornwall, which will see an investment of almost £200 million to support the local economy and promote new businesses. The Deal comprises a variety of important projects around Cornwall that will help attract businesses to our area. It is very much a local plan drawn together by the Cornwall and Isles of Scilly Local Enterprise Partnership and backed by government. It is hoped that over the next five years the deal will create at least 4,000 jobs.

I think there are some important projects which have been given the go ahead that will have a real impact on our area. £8 million of funds will contribute to a package of improvements on our key bus services that serve as a real lifeline to many in our part of the world. I have always argued for the right funding for our bus network and this new package shows a real commitment to keep these services operating.

Different development schemes will also start to get to grips with pinch points on our roads where traffic is currently bad enough to frustrate businesses looking to invest in our area or indeed just transporting their own goods. The crucial sleeper service, which brings untold investment to Cornwall, is also increasing capacity with a much needed upgrade as announced a couple of weeks ago by the Prime Minister.

Money will also be made available for a scheme known as the West Cornwall Transport Interchange that will deliver some necessary improvements along the often pressured A30. Whilst more and more people use public transport, it is still the case that the majority of people who work in our area have no option but to use their car and the A30 is a crucial artery for drivers. It needs to be able to deal with a high volume of traffic and this scheme builds on others in the last couple of years such as the duelling at Temple.

Securing Government funding can often provide that final boost to projects and make sure they are able to get off the ground. I pushed for Government funding for the new link road at Camborne which is now well underway and crucial funding was also secured for the Cornwall Archive Centre in Redruth, with the first phase of the scheme to prepare the site with flood defences now scheduled to start in the summer. Whilst negotiations can often be long and difficult, securing funding for the right projects makes a real difference. The Local Enterprise Partnership should be congratulated for all the hard work they did to secure such an encouraging Local Growth Deal for Cornwall.

George Eustice can be contacted at george.eustice.mp@parliament.uk or 1 Trevenson Street, Camborne, Cornwall TR14 8JD or by telephone on 020 72197032.