Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

East of England to get £144m investment boost

More than £144 million has been earmarked for new infrastructure and regeneration projects in the East of England.

Housing minister Margaret Beckett today said 15 council areas in the region would share in the funds over the next two years in the hope it would help boost housing growth.

Ms Beckett said: "In these difficult economic times we must not lose sight of the long-term need to build more homes. Yet if the support for these new homes is not in place, their construction will be delayed when we need them most, hampering the economy's recovery.

"This means we need to be investing today in tomorrow's infrastructure, while allowing local authorities to decide their own local priorities for spending this money.”

New transport links, schools and town centre regenerations were listed as some of the possible destinations for the funds.

Under the plan, Cambridgeshire council will receive more than £28.7 million, Bedford over £16.2 million and Harlow and Stansted more than £14.2 million.

The scheme is one of the funding streams which will be managed on behalf of Government by the new Homes and Communities Agency.

Related Jobs