Today (Tuesday 9th), John Whittaker, Chairman of Peel Holdings , announced a £50 billion vision and investment strategy for the North West and calls on key Stakeholders from the private and public sector to work together to challenge the current economic downturn and drive growth, over the next two decades.
The ‘Ocean Gateway’ vision encompasses £50 billion worth of investment and regeneration plans for the North West, with the central platform of the plan focused around the region’s two great cities of Manchester and Liverpool.
John Whittaker, Chairman of Peel Holdings, (one of the leading property and transport companies in the UK with assets valued at over £6.5bn) commented on the Ocean Gateway concept and added:
“The key aim of our approach is founded upon a commitment to raise awareness and transform perceptions of the region on an international platform and demonstrate how joined-up thinking and actions can help deliver the sustainable development agenda.
“Over the next two decades working in partnership with local authorities we have an opportunity to make the North West the fastest growing economy in the UK. Peel’s vision for the North West is to establish Ocean Gateway, with its access to world markets through ports and airports (Superport), as a key driver of new jobs, investment, development and environmental improvements between Manchester and Liverpool.
“In an increasingly competitive world we see the ‘North West’s Ocean Gateway’ concept as an opportunity to share ideas and attract investment interest to the region. I believe this represents a major opportunity to put the North West in a better position to compete internationally and help reduce the North-South divide.
“A vital part of a successful ‘Ocean Gateway’ approach will be the delivery of infrastructure for regeneration. Peel will work closely with authorities to create and bring forward transport logistics and drive innovative sustainable waste and energy technologies.
“Our vision is that stakeholders work together with the NWDA and invest in the long term future of the North West, so that our own, and wider regeneration projects have major influence on the region’s economy and specifically how people live, work, spend their leisure time and visit the region.
“I believe a central ‘Ocean Gateway’ branded vision will positively raise the profile of the North West, encourage inward investment and wealth creation and bring with it new people, new businesses and thus encouraging people to make homes for themselves and play their part in the growth of the future growth and prosperity of the region.”
The Western end of the ‘Ocean Gateway’ is anchored by our £10 billion Liverpool Waters and Wirral Waters proposals with MediaCityUK, Salford Quays and Trafford Quays at the eastern end. The area also encompasses The Trafford Centre, Liverpool John Lennon Airport, City Airport Manchester, the Port of Liverpool and the Manchester Ship Canal, along which there are numerous proposals by Peel including major new communities at Ellesmere Port, Runcorn and Arpley, the proposed Manchester Racecourse at Salford Forest Park and new Port facilities planned at Seaforth, Salford, Warrington, Ince and Wirral.
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For further information, please contact:
Alison Tennant at Peel on 07901 883388
Hatch Communications on 01943 855630
Or James Hickman 07855 848264/Jason Madeley 07802 221616 at
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