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Gateway prospects remain 'strong' | Gateway prospects remain 'strong' |
(about 19 hours later) | |
A £9.6bn project to regenerate the Thames Gateway region will not be weakened by the economic crisis, a government minister has announced. | A £9.6bn project to regenerate the Thames Gateway region will not be weakened by the economic crisis, a government minister has announced. |
Housing minister Margaret Beckett said the region was "in a strong position to weather the current economic storm". | Housing minister Margaret Beckett said the region was "in a strong position to weather the current economic storm". |
The area stretches from east London into Kent and Essex, with 40 miles of housing and business regeneration. | The area stretches from east London into Kent and Essex, with 40 miles of housing and business regeneration. |
Last month BBC South East revealed new house-building projects in the Gateway had virtually ground to a halt. | Last month BBC South East revealed new house-building projects in the Gateway had virtually ground to a halt. |
Building targets for the Gateway include 160,000 new homes by 2016. | Building targets for the Gateway include 160,000 new homes by 2016. |
I believe that we have sound reasons to remain optimistic for the Gateway's long-term prospects Housing minister Margaret Beckett | I believe that we have sound reasons to remain optimistic for the Gateway's long-term prospects Housing minister Margaret Beckett |
In October, the South East England Development Agency (Seeda) said ongoing projects would be finished, but new housing projects would be put on hold because of current market conditions. | In October, the South East England Development Agency (Seeda) said ongoing projects would be finished, but new housing projects would be put on hold because of current market conditions. |
Mrs Beckett said: "The financial downturn poses new challenges for towns and communities across the country. But I believe that we have sound reasons to remain optimistic for the Gateway's long-term prospects. | |
"Over the past year the first contracts have been awarded for the construction of the world's most advanced container port, London Gateway. | "Over the past year the first contracts have been awarded for the construction of the world's most advanced container port, London Gateway. |
"New schools and campuses have opened across the region, including the Financial Skills Academy at Tower Hamlets. Construction has begun on the Olympic stadium three months ahead of schedule." | "New schools and campuses have opened across the region, including the Financial Skills Academy at Tower Hamlets. Construction has begun on the Olympic stadium three months ahead of schedule." |
'In denial' | 'In denial' |
Mrs Beckett also announced plans for a new "eco-quarter" within the Gateway in which green technologies will be developed and tested, along with up to £35 million for parks and other open spaces within the region. | Mrs Beckett also announced plans for a new "eco-quarter" within the Gateway in which green technologies will be developed and tested, along with up to £35 million for parks and other open spaces within the region. |
She added: "Now is not the time to give up on the Gateway or start watering down our ambitions. In fact, it is more relevant today than ever before." | She added: "Now is not the time to give up on the Gateway or start watering down our ambitions. In fact, it is more relevant today than ever before." |
Conservative regeneration spokesman Stewart Jackson said: "The government is in denial about the mess that is Thames Gateway - ploughing on regardless with unrealistic housing plans, poor strategic leadership and project management and a woeful lack of consultation with local people and their elected representatives. | Conservative regeneration spokesman Stewart Jackson said: "The government is in denial about the mess that is Thames Gateway - ploughing on regardless with unrealistic housing plans, poor strategic leadership and project management and a woeful lack of consultation with local people and their elected representatives. |
"More of the same will not deliver a better quality of life for residents in the Thames Gateway." | "More of the same will not deliver a better quality of life for residents in the Thames Gateway." |
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