Chancellor George Osborne has described plans for a new business development at Manchester Airport as good for the city, the North West and for Britain. The £659 million business park is expected to create around 13,000 new jobs in the area. The Airport City project also hopes to bring in businesses from abroad by offering high quality premises.
According to Manchester City Council, the scheme will boost the local economy and in turn, the UK economy. Plans have already been drawn up by the Manchester Airports Group for the development of the 150-acre site which it has described as an international business centre.
The government said the scheme will work through simplified planning, business rate discounts and the provision of super-fast broadband. Mr Osborne said that of all the Enterprise Zones which are being established across the UK, Manchester Airport was the most advanced.
He explained that the intention of such zones was to help to kick-start local economies. With Manchester, MAG had already established something which is working and already employing thousands of people. MAG’s Airport City director, John Atkins, said the site would follow similar European models and would be the first of its kind anywhere in Britain.
He added that by offering a first-class product, the project would be in an excellent position to attract international businesses to the area. Manchester City Council leader, Sir Richard Leese, said Airport City would add capacity to Greater Manchester’s already dynamic economy.