Great Yarmouth is set to receive a multi-million investment through the 'Government’s Getting Building Fund' as part of the country's plan to support recovery from COVID. This investment worth a combined £8.5 million, will be used to support two projects in Great Yarmouth. £2,5million will boost the plans for the new Marina Centre on Great Yarmouth seafront. And a further £6 million goes towards a new Great Yarmouth Operations & Maintenance Campus (OMC) for the Energy Sector.
The exciting OMC project will capitalise on land in Borough Council ownership, close to the Southern North Sea wind farm arrays with access to deep water as well as the river port. It has the potential to create a further 650 good quality jobs within the Borough. This is exactly the good news we need as our local economy recovers from the virus lockdown and uncertainty about the future remains. This is a brilliant opportunity to further enhance our position at the very centre of the energy sector in the UK.
Today's announcement is evidence that Great Yarmouth is seen as an area with real potential for growth and a place worth investing in. We are receiving over a quarter of the total cash pot for the whole of Norfolk and Suffolk - this is a real vote of confidence in Great Yarmouth.