Saturday, October 31, 2020

Councillor Colin Davie at MIPIM: Why Lincolnshire is the best location for investment in the UK

At the Team Lincolnshire brunch at MIPIM, the world’s largest property event held annually in Cannes, the team set out its ambitious plans for the county and the variety of exciting investment prospects that it affords.

Councillor Colin Davie, a proud member of Team Lincolnshire said: “There are huge opportunities in Lincolnshire, it is a place of space and ambition. From Grantham in the south, with its new housing growth and the planned bypass, to Holbeach Food Enterprise Zone (FEZ) one of three located across the county, to Skegness with its new business park in the east. Lincolnshire is a county that is going places, a place of ambition.”

Lincolnshire excels in food processing and agri-tech and has been chosen as one of the Government’s new manufacturing zones. This latest announcement follows growth deal grants of £18 million for the Europarc Food Enterprise Zone site in Grimsby, £2 million for the Hemswell FEZ, £5.1 million for a new roundabout junction and utilities at Holbeach FEZ, and £2.4 million for the new university led agri-food centre of excellence development at Holbeach.

As Cllr Davie continued: “We have ambitious partners all wanting to deliver 100,000 new homes and new business sites for industry and commerce. We are on a journey to make Lincolnshire the greatest investment hotspot in the UK. Key to this, is the variety within the portfolio of development projects that we will be showcasing this year.”

Driven by the Greater Lincolnshire LEP and Team Lincolnshire, the area has succeeded in establishing a recognisable presence in Cannes over the years. Greater Lincolnshire can offer a softer landing for companies wishing to invest, than many other areas of the UK. Its land and property values represent excellent value for money, being considerably less than the rest of the UK. The average rateable value of commercial premises in Lincolnshire is £46/m² compared to the English average of £81/m².

As Cllr Davie concluded: “We are delighted with the progress we have made over the last few years. We have gained a reputation for delivery with many schemes and investments taking shape and we are well on our way to delivering our £307 million growth plan. Our participation here at MIPIM is key to that and we believe that the Team Lincolnshire approach of public and private sector working together is the way to convince investors that Lincolnshire is the place to be.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemichaving a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.




Latest news

£75m plans for rejuvenating East Lincolnshire handed to Government 

Following months of community consultation, project planning and analysis, work on Boston, Skegness and Mablethorpe’s submissions for the Government’s Towns Deal investment grant has...

West Yorkshire moving to Tier Three restrictions

West Yorkshire is moving into Tier Three restrictions to combat the growing spread of coronavirus. The region will move into Very High restrictions from 00.01...

Kier backed construction academy opens in Sheffield

A new educational programme to develop the next generation of construction talent has opened at The Sheffield College. The Kier Construction Academy offers a two-year...

Financial distress rising exponentially across Yorkshire’s economy

Financial distress is increasing exponentially across Yorkshire’s economy, with every industry sector experiencing a substantial rise in financial difficulties, the latest data shows. The Red...

Economic recovery survey seeks opinions of Yorkshire SME manufacturers

Yorkshire companies are being urged to take part in the nation’s largest SME manufacturing survey which will aim to pinpoint the exact type of...

Streets focus on support schemes in latest business update

Streets Chartered Accountants provide details of the latest business support schemes in its latest update. The firm explore the Job Support Scheme (JSS), the customs...

Related news

£75m plans for rejuvenating East Lincolnshire handed to Government 

Following months of community consultation, project planning and analysis, work on Boston, Skegness and Mablethorpe’s submissions for the Government’s Towns Deal investment grant has...

West Yorkshire moving to Tier Three restrictions

West Yorkshire is moving into Tier Three restrictions to combat the growing spread of coronavirus. The region will move into Very High restrictions from 00.01...

Kier backed construction academy opens in Sheffield

A new educational programme to develop the next generation of construction talent has opened at The Sheffield College. The Kier Construction Academy offers a two-year...

Financial distress rising exponentially across Yorkshire’s economy

Financial distress is increasing exponentially across Yorkshire’s economy, with every industry sector experiencing a substantial rise in financial difficulties, the latest data shows. The Red...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close