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19/10/2017

Redcar regeneration plan envisages 20,000 jobs

Words: Huw Morris
Web_Redcar_iStock-499784333.jpg

Around 20,000 jobs could be created under a 25-year plan to regeneration the former steel plant at Redcar.

A draft proposal by South Tees Development Corporation would see the site regenerated to include test tracks for self-driving cars and a nature area. The corporation said this could lead to Teesside becoming a “national asset” although it acknowledged there is “limited funding” for the plan.

The masterplan covers 1,800 hectares and includes businesses including PD Ports, British Steel and Northumbrian Water.

The corporation indicated that more than 70 businesses had come forward as they were “attracted by the location, the deep port, geography and the skills set”.

Cleaning up the site will take until 2024 with the first business zone completed by 2026.

The Redcar plant closed with the loss of more than 4,000 jobs in 2015.

Image credit | iStock

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