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What is Greater Manchester's £10bn 'growth locations' plan?

Published 2 months ago2 minute read

Angela Ferguson

BBC News, Greater Manchester

Council leaders have welcomed a 10-year plan to boost the Greater Manchester economy and create tens of thousands of new homes and jobs.

The plans focus on developing six "growth locations" across all 10 boroughs, with the aim of attracting £10bn of investment and building around 75,000 new homes.

Greater Manchester Mayor Andy Burnham said the initiative would "deliver transformative regeneration across our city-region".

Manchester City Council leader Bev Craig said the city-region had "so much untapped potential, so that's why we are rolling up our sleeves and doing things differently".

Oldham Council leader Arooj Shah described the plan as "a game-changer for boroughs like Oldham".

Oldham would be part of a north east growth corridor, with an area called Atom Valley located in Oldham, Bury and Rochdale, so called due to its focus on boosting scientific research and development.

It is set to create thousands of jobs, "putting Oldham on the map as a hub for innovation and advanced manufacturing" Shah added.

Burnham said Greater Manchester was "already bucking all the national economic trends", with growth and productivity above UK average.

The plan by the Greater Manchester Combined Authority would "deliver urban regeneration at a pace and scale not seen before in my lifetime" and create tens of thousands of homes and jobs, he added.

The Western Gateway Growth Location includes the Old Trafford Regeneration Scheme, with plans to create new housing, commercial and public space around a new 100,000-seater stadium or a refurbished 87,000-capacity ground.

Each of the locations has land earmarked for the creation of new housing and employment sites.

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