Mayor Paul Bristow statement on £400m investment to accelerate growth in Cambridge

Mayor Paul Bristow statement on £400m investment to accelerate growth in Cambridge

Paul Bristow said:  

“The Government’s £400 million investment shows the world what we already know. Cambridge is the engine of growth and opportunity.”

“Just yesterday our Board approved an ambitious Local Growth Plan with a Mayoral target to triple our local economy by 2050.  The plan outlines opportunities like the Innovation Hub and a co-designed study for Mass Rapid Transit for Cambridge that have been announced today.  

“Growth in Cambridge must work for its local people. We want to bring better jobs, create stronger businesses and attract more money to invest back into communities and public services. The additional funding from the Government will support this by kickstarting the development of affordable homes, enabling infrastructure and the expansion of business space.  

“And it’s not just us who believe in the potential of our region. Today we’re also hosting delegates from the US, Europe, Australia, all over the world, who are all wanting to hear more about why our region is the place to invest and do business.

“Our Local Growth Plan makes very clear the undeniable opportunity to business and industry all over Cambridgeshire and Peterborough. We’re already getting on with delivery and I’m ready to work with Government and local partners, right across our region, to make that happen for our residents.”