Manchester will welcome higher employment, increased training and improved transportation thanks to £450million which is being pumped into the economy through the Greater Manchester Growth Deal.
Mancunians can expect an increased investment in their community, something strongly welcomed by MPs Andrew Stunell, John Leech and Mark Hunter.
Deputy Prime Minister Nick Clegg praised the deal and promised that the 5,000 new jobs the investment will bring will have a huge impact on the region.
Mr Clegg said: “We’re placing the power and money in the hands of people in Greater Manchester who know how to spend it best, making a real difference to local communities.”
Withington MP John Leech said: “This is welcome news for Greater Manchester and demonstrates the Government’s strong commitment to developing the prosperity of Manchester.
“We have already seen hundreds of millions of pounds of investment in Greater Manchester from the Government, improving infrastructure, creating jobs and allowing Manchester to reach its potential.
“Devolving power and funding to Greater Manchester will allow the region to shape its future and deliver the changes needed to improve the infrastructure and create thousands of jobs.”
Five thousand new jobs will be created as a result of the initiative along with educational programmes that equip Mancunians with essential workplace skills.
Projects will begin in 2015/16 and will include millions being spent on improvements to the region’s infrastructure, including the Metrolink, Salford Rail Station and numerous road junctions.
Andrew Stunell, MP of Hazel Grove constituency, said: “This is great news for our area. The money for the transport interchange in Stockport is an excellent signal of support for regeneration in the town centre, which is vital for long-term prosperity.”
Picture courtesy of Sue Langford, with thanks