Jobs boom promised in Cornwall as £4m in Euro cash is pledged
WORK on a major industrial estate on the outskirts of Redruth could begin as early as August of this year thanks to a grant of almost £4 million.
The money from the European Regional Development Fund will help cover the £8m needed to build the roads, infrastructure and site servicing at Cornwall Business Park at Scorrier.
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The investment will be match-funded by developer Hallenbeagle Estates Ltd.
The scheme will provide about 33 acres of employment land, split into 23 serviced, industrial plots, with room for 31,000sq metres of high-quality, sustainable business space.
Completed 2011
The work should be completed by May 2011.
Russell Dodge, director of Hallenbeagle Estates Ltd, said: "We are delighted to have received the Convergence Programme investment that will enable the delivery of the Hallenbeagle site.
"There is an acute shortage of serviced employment land within the county and the development will provide the opportunity for significant investment in employment space and job creation in West Cornwall."
Hallenbeagle Estates Ltd is currently working on a proposal to site a commercial waste transfer station on part of Cornwall Business Park.
He added: "This grant will go towards the business park, of which one half, we hope, will become a bio-park.
"This grant confirms that we are able to deliver what we are proposing."
Carleen Kelemen, director of the Convergence Partnership Office for Cornwall and the Isles of Scilly, said: "This ERDF Convergence investment is all about supporting the creation of workspace in Cornwall for new and growing businesses."
Ian Whale, infrastructure manager at the South West Regional Development Agency, which handles applications for ERDF Convergence investment for workspace gap funding, said: "This site has long been earmarked for significant employment use and the investment from ERDF Convergence will unlock its potential.
"This is the latest in a string of gap-funding investments we have handled that are designed to create high-quality workspace so businesses can grow and prosper."
Welcomed
Neil Lindsey, European team director at CPR Regeneration, said: "This project is welcomed as it complements the programme of work which we are promoting in Camborne, Pool and Redruth with Convergence support.
"Of particular interest is the potential for Hallenbeagle (Cornwall Business Park) to provide new opportunities for waste management, waste-to-energy and recycling industries, all of which can create new employment."
Anyone who wants to apply for ERDF Convergence investment for workspace gap funding should contact Ian Whale on 01872 243777 or John Burton on 01872 243773.
12 Comments
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by Pawl, Kernow
Friday, March 05 2010, 3:57PM
“Outside Cornwall Council offices in Truro trhe St Piran's Flag flies alongside the EU flag and quite rightly so ! Cornwall has always been an outward European country so unlike the country next door !”
by Batfink, Helston
Friday, March 05 2010, 2:09PM
“Redruth is a dump hole anyway. Best place for it I say.”
by Thelonius, Penryn
Friday, March 05 2010, 1:39PM
“I think John in Redruth makes a very valid point. Also, with fuel duty much higher in the U.K. than anywhere else in Europe, this is another cost that has to be factored into the cost of goods produced here, which make the prospects even more doubtful.”
by paul, Truro
Friday, March 05 2010, 1:08PM
“The Cornish are not in England, the Cornish are not in Europe! But they always have there hand out and take any money which comes there way. Go it alone, what a laugh! who would pay for the up keep of castles, country houses and the other services.”
by Bill, Newquay
Friday, March 05 2010, 11:45AM
“Why Redruth?
There are much more deserving cases for industrial development in places like Penzance or Newquay where traditional tourist incomes have diminished over the years. These two towns need quality jobs not temporary or seasonal ones. I agree also that there are plenty of empty industrial properties in Redruth area, Bodmin also.”