SELEP funding ‘huge boost’ to Essex economy
3 February 2017
Essex County Council (ECC) today was awarded £6.2 million for improvements to ease pressure on the A127/A130 Fairglen Interchange, £5 million for Gilden Way upgrades in Harlow and £2.7 million to develop Junction 8 on the M11 from the South East Local Enterprise Partnership as part of the Local Growth Fund.
Other funding includes £5 million for a Science, Technology, Engineering and Maths (STEM) Innovation Campus at Colchester Institute, £3.5 million for a Technical and Professional Skills Centre at Stansted Airport and £2 million for an Innovation Centre (Phase 1) at University of Essex Knowledge Gateway in Colchester.
The grants come at the same time as residents are being asked their views on improving the A120, between Braintree and the A12, and widening the A12 and follow recent Government backing for a new junction 7a on the M11.
Cllr Kevin Bentley, Deputy Leader and Cabinet Member for Economic Growth, Infrastructure and Partnerships, said: “This funding, alongside our current efforts to improve the A120 and Junction 7a, are set to give a huge boost to the Essex economy for decades to come.
“Without improved road links and training, we risk destabilising future growth for Essex businesses.
“That is why we, as a Council, are focusing on looking forward and investing in Essex’s key business, transport and education links.
“Today’s announcement will offer benefits to each and every resident across the county, as well as many who are yet to be born.
“I am certain that 2017 will go down as the year Essex won hard-fought funding and transformed its transport network for the better for decades to come.”
ECC was granted £6,235,000 for plans to ease congestion on the A127/A130 Fairglen Interchange. These plans are set to go on display at two public information events later this month.
£5 million for Gilden Way, Harlow, will help support plans for Junction 7a to support local housing growth and the Harlow Enterprise Zone.
£2,733,896 was set aside for improvements to Junction 8 on the M11. These will help support housing growth in the area and as well as the continued expansion of passenger numbers at Stansted Airport within the current planning permissions.