The Liverpool City Region has unveiled a new plan to prioritise a number of major housing and infrastructure projects.
Publishing its new Local Investment Plan in partnership with the Homes and Communities Agency (HCA), the public sector body has confirmed that it will concentrate on pushing ahead with a number of new infrastructure projects.
In particular, developments along the Atlantic Gateway corridor as well as in Liverpool city centre have been named as priorities of the Local Investment Plan 2 (LIP2), with these seen as key to helping create thousands of new jobs, many of them in the construction and engineering sectors, over the next few years.
Additionally, LIP2 sets out plans to construct more than 16,000 new homes across the city as part of an £80 million regeneration of Liverpool's housing stock.
"Through this plan, we will now be able to give valuable, targeted support to develop much needed new homes that will play a vital role in helping Liverpool meet its economic growth ambitions," said Neil Pickering, head of area for the Liverpool City Regions, Merseyside and Cheshire at the HCA.
This comes soon after plans to build a new deep water container terminal at the Port of Liverpool were given a major boost in the shape of European Investment Bank funding.
Author: Editor Gavin Pearson (email@example.com or 0207 202 0255)