Ground-breaking deal welcomed by Greater Lincolnshire LEP

Greater Lincolnshire LEP warmly welcomes ground-breaking Greater Grimsby Town Deal.

Ursula Lidbetter MBE, Chair of the Greater Lincolnshire Local Enterprise Partnership, has warmly welcomed the ground-breaking Greater Grimsby Town Deal which will regenerate the historic Lincolnshire town.

Ursula was present when the deal was signed last week by Local Growth Minister Jake Berry MP and Business Minister Lord Henley.

More than 8,800 new jobs and nearly 10,000 new homes will be delivered in Greater Grimsby thanks to the £67 million deal which the Greater Grimsby Project Board has struck with the Government.

The deal will give Grimsby major investment to improve key roads and establish Enterprise Zones which will attract and support businesses, further increasing investment and employment.

One example of this is Ørsted, which is building the UK’s largest operations base for offshore wind at Grimsby’s Royal Dock, creating 350 jobs for local people.

“This is a welcome boost for Greater Grimsby and I applaud the efforts of everyone who has worked hard to secure this deal,” said Ursula.

“To achieve this investment a strong partnership has been formed between business, local government and national government which is excellent to see.

“Grimsby and the South Humber Bank has an important part to play in our evolving industrial strategy and the Greater Lincolnshire LEP will continue to work hard with our partners to ensure its future success.”

The Greater Grimsby Town Deal will provide:

  • £2m more from the Government’s Local Growth Fund to support major road improvements to Moody Lane and Woad Lane that connect to key South Humber Industrial Investment Programme Enterprise Zone sites
  • A further £65m of investment by North East Lincolnshire Council (£35m) and the Government (£30m) to support regeneration plans for Greater Grimsby
  • Government expertise and support including through Homes England and Historic England’s Heritage Action Zone initiative to help develop housing and the town centre with a focus on heritage-led regeneration and the development of the South Humber Industrial Investment Programme sites.

The Greater Grimsby Project Board, under the leadership of David Ross and North East Lincolnshire Council, brought together local MPs, the Humber and Greater Lincolnshire LEPs and public and private-sector leaders to develop a vision for Greater Grimsby’s future.