09/07/2010

Offshore Wind Investment Triggers 5,100 New Jobs

Able UK, a major North-East company, has announced multi-million pound plans for a 1,630 metre quay at the South Humber Gateway which will create over 5,000 new jobs.

The quay will be one of the largest in the UK and the ;£400m investment will make the Humber the centre of the UK's offshore wind industry.

Able UK is confident no other location is able to compete with the Humber and the South Humber Gateway site in particular.

The investment in a Marine Energy Park is a direct result of the Government's Round 3 Offshore wind licences.

Because of sailing times to the offshore wind sites, the Humber has a major competitive edge over any of its rivals, in the UK and mainland Europe. The South Humber Gateway site also scores highly due to the size of the land available and its access to the last undeveloped deep-water channel in the UK.

It could transform the economies of both banks on to a trajectory not seen before - bringing quality, well-paid jobs. North Lincolnshire Council is working on the assumption that this, if finally approved, has the potential to create 5,100 direct jobs on the South Humber Gateway. This takes no account of indirect jobs both in the Humber and beyond.

Work on the design of the quay is under way. It is hoped that approval for the large-scale infrastructure project, from the successor to the Infrastructure Planning Commission (IPC), will be forthcoming by March 2012. It is hoped construction on the quay will be complete by summer 2015.

Cllr Mark Kirk, leader of North Lincolnshire Council, said the announcement of a new quay is a massive vote of confidence in northern Lincolnshire and the Humber. "Of course there is a long way to go before we can be 100 per cent confident that the quay will be approved by the IPC or its successor. That said, there can be little doubt most areas of the country, including in the much more prosperous South East, are desperate for such a jobs boost. Today's announcement has to be viewed as extremely positive and a real shot in the arm for our economy and for local people. This project will transform the area’s economic prospects.

"The significance of this investment will be felt positively on both banks of the Humber."

(CD)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

15 September 2009
North Down Sites Taken Off Market
North Down Council has agreed to withdraw the sale of three areas of land in the district. The three main political parties jointly recommended sites at Clandeboye Road, Bangor; Fort Road, Helen's Bay and Old Quay Road, Holywood be removed from the market.
05 December 2003
Minister announces study into call centre jobs 'offshoring'
Trade and Industry Secretary Patricia Hewitt has launched a sector study into the global challenges and "myths" facing the UK call centre industry.
18 July 2001
Laganside reveals record year
The Laganside Corporation has reported its best ever year for investment. According to the corporation’s annual report released on Tuesday, the year 2000 brought in around £10 million a month in investment projects in Belfast’s Laganside area. Around 7,500 jobs were also created in a number of new developments.
16 July 2001
SLUMP IN PROFITABILITY HITS UK JOBS AND INVESTMENT
BRITISH industry could be teetering on the brink of recession as profitability has fallen for the seventh consecutive quarter in the 12 months to December 2000, according to information solutions company Experian.
11 September 2001
Gateway to close operations throughout UK and Ireland
PC manufacturer Gateway has announced plans to close operations throughout the UK and Ireland, which will result in the company’s complete withdrawal from both countries by the end of 2001. A statement released by Gateway stated that: “Withdrawal from these markets is effective immediately.