Council welcomes major investment proposal
Hull City Council is today welcoming the proposals made by DONG Energy UK and Associated British Ports (ABP).
The proposals are to create a new energy site and riverside bulk terminal in the east of the city, which could give a much needed economic boost to the area.
Councillor Carl Minns, leader of Hull City Council, said: "Today's announcement will help Hull to establish itself as the green centre of the energy in the region. The environmentally responsible site will create construction jobs and permanent jobs during operation for local people in years to come."
Mark Jones, head of economic development and regeneration, added: "Hull has had a long and proud history of links with the port industry. The investment into the Hull Riverside Bulk Terminal of over £100m from Associated British Ports will secure the future and bring flexibility to the port businesses. The Humber Ports, with Hull as its capital, are the UK's leading foreign trading ports."
Councillor Parnaby, leader of East Riding of Yorkshire Council, commented: "This major investment is fantastic news for the local economy, particularly given the global economic downturn. I am also pleased that a major international company has the confidence to invest this huge amount of money in the region."
The Hull and Humber region has a pivotal role in the UK energy sector. With an established infrastructure, the capability to handle a diverse energy mix and knowledge and expertise, the region is capitalising on its strengths as a natural location for investment to establish a world-class renewable energy hub.
