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Last Updated: Tuesday, 11 May, 2004, 15:26 GMT 16:26 UK
Praise for regeneration project
Port of Workington
Among the projects is to develop the Port of Workington
The work of a project set up to breathe fresh life into part of Cumbria has been praised.

Minister for regeneration Keith Hill highlighted the work of Urban Regeneration Companies including West Lakes Renaissance.

It was set up in April 2003 and covers an area on the west coast of Cumbria from Morecambe Bay to the Solway Firth.

The project's targets are to boost the economy and create long-term jobs through major schemes.

Mr Hill said: "Urban Regeneration Companies are a fantastic tool - providing a new focus and a new boost for regeneration in urban areas across the country.

'Turn round economy'

"They help to encourage private sector investment, create environmental improvements, enhance economic prosperity and breathe life back into areas that have been left to decline."

West Lakes Renaissance's 167m business plan has been approved by the North West Development Agency.

West Lakes Renaissance chief executive Bob Pointing said: "We are facing big job losses in the Barrow shipyard and post 2011 at Sellafield which will be decommissioned.

"The role of the company is nothing less than to turn round the economy of a sub region, creating new jobs for the long term through large infrastructure projects.

"These include Barrow Port which will see a public sector investment of over 50m, Workington Port and harbour and Broughton Moor, the largest brownfield site in the north of England."

He said one of the main challenges in Cumbria was to keep young people and talent in the region.




SEE ALSO:
Study to explore port's potential
28 Apr 04  |  Cumbria
'Summit' ponders Cumbrian economy
02 Apr 04  |  Cumbria
Taskforce to 'save' West Cumbria
11 Dec 03  |  Cumbria


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