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750 New Jobs Set For Take Off
7:21am 5th September 2014
Cornwalls economy gets another shot in the arm.
Six million pounds has been announced for Newquay's Aerohub.
The fifty acre business park could help create up to 750 jobs in things like engineering and the aeronautical industry.
Construction work on the first phase will now start next month.
Dr Cable welcomed the announcement as he passed through the Enterprise Zone during his visit to Cornwall on Thursday and said: "Cornwall's Aerohub is an excellent example of one of the 24 Government-backed Enterprise Zones that are driving private sector-led growth across England. This new funding will help develop valuable infrastructure for the new Business Park to attract increased investment and create more jobs for Newquay and the surrounding area."
Chris Pomfret, Chairman of the Cornwall & Isles of Scilly Local Enterprise Partnership and Deputy Chair of the Convergence Local Management Committee, added: "The business park is a vital component of the Aerohub Enterprise Zone which is already home to six new businesses and has created more than 150 jobs since 2012. Our aim is to unlock further growth of both the aerospace and space sectors in Cornwall to create skilled, well-paid jobs and this investment is an important step towards achieving that."
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