The Learning and Skills Council has approved funding to build a new training centre to support the construction industry.
The facility, in the London Borough of Waltham Forest, will train workers for projects including the 2012 Olympic build.
It was given the green light along with a Flybe training academy in Exeter, which will support the airline industry.
Skills minister Kevin Brennan said: “It is great news that these two centres have received funding to provide high-quality training to people who are keen to broaden their skills and improve their employability.
“The opportunities these centres offer will not only benefit learners in the long-term but will help address unemployment and provide the skills needed to work on major engineering and construction projects.”
The construction centre will be run by the National Skills Academy for Construction and is forecast to deliver training for around 5,000 people.
A large proportion of the training will be delivered through apprenticeships.