Abellio selling 40% of the Greater Anglia rail franchise.
Lowestoft: 15 Year Development Plan
A plan to bring more money, jobs and transport to Lowestoft over the next 15 years is being announced.
Public and private sector partners are working together to help deliver transport and infrastructure improvements in as part of plans to position the town as an economic force in the region.
The ‘Lowestoft Prospectus’ provides the template to deliver a range of improvements and bring economic growth in the town, with particular focus on tourism and inward investment from offshore developments.
Andy Wood, Chairman of New Anglia Local Enterprise Partnership said:
“Lowestoft is fantastically placed to take advantage of the economic opportunities presented by developments in the energy sector and related industries over the next few years. The development of the Enterprise Zone in the town will help bring new jobs and businesses. However it is critically important to ensure the town and surrounding area has the right infrastructure to support this growth, which is why we are supportive of the Lowestoft Transport and Infrastructure Prospectus."
Councillor Mark Bee, Leader of Suffolk County Council said:
“Suffolk County Council is a supporter of the Lowestoft Prospectus and we have been working with colleagues of Waveney District Council on the concepts contained within it. As Suffolk’s second largest town we are keen to see Lowestoft recover its economic prosperity. With the major new opportunities emerging for offshore energy development the town is well placed to benefit in terms of jobs and businesses growth. Having modern and adequate transport and infrastructure in place is key to maximising on inward investment opportunities. We look forward to working with all the partners involved in the prospectus to this end as new funding opportunities arise"
Councillor Colin Law, Leader of Waveney District Council said:
“This document is one of the most important we have developed and shows commitment by SCC and WDC along with stakeholders and partners to work together to improve the Lowestoft infrastructure. The options to be appraised provide us with a real opportunity to explore that which is best for Lowestoft and Waveney."
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