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More than 4,000 jobs will be created and another 3,500 safeguarded after the Government backed 18 schemes around the region with £47m from its infrastructure fund.
The schemes include project to improve town and city centres, put the North East at the forefront of the green recovery and boost key employment sites, as well as creating 1,300 new homes.
High profile projects such as the Gateshead Quays convention centre and the Aykley Heads business park in Durham have been backed, along with town centre regeneration schemes in Newcastle, North Shields and Bedlington.
There is also backing for a new landing area for the Tyne ferry at the North Shields Fish Quay, plans to improve the digital infrastructure of the city centre and riverside area of Sunderland, better cycling and pedestrian links around Gateshead town centre and investment in a planned energy park at Blyth.
The projects are part of the £900m Getting Building Fund which was announced by Prime Minister Boris Johnson in June to support “shovel-ready” housing and infrastructure projects.
It is hoped the schemes will create 2,253 new jobs, 1,839 construction posts and safeguard 3,551 positions in the North East.