14/10/2004

£47.5m injected into Thames Gateway regeneration

Europe's largest regeneration project, the Thames Gateway, has received a massive boost today as £47.5 million spending plans to expand Universities at Medway were unveiled.

Based at Chatham Maritime, the Universities at Medway development will play a key role in providing the skills and learning opportunities needed to create "thriving and sustainable communities in the Thames Gateway", the government said.

The expanded campus, currently used by University of Greenwich, will be used by at least four other Universities and see student numbers rise at the site from 2,700 to 6,000 by the year 2010.

The expansion is expected to have a major impact on the local economy, adding £10 million additional expenditure.

Thames Gateway Minister Keith Hill said: "This will make a tremendous contribution towards the overall prosperity of the wider community and I welcome the enthusiastic involvement of all partners in making it happen."

(gmcg/mb)

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