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Issue Date:- 8 September 2008

£1.9 million boost for Liverpool’s waterfront

LIVERPOOL'S city centre waterfront is set to receive an investment of £1.9 million from the Northwest Regional Development Agency (NWDA) for a programme of infrastructure, environmental and public realm improvements.  The grant is being allocated for the 2nd phase of the Waterfront Connections project, which is strengthening the waterfront’s role as a major visitor destination through improved linkages between visitor attractions at Kings Waterfront, the Albert Dock, Mann Island, the Pier Head and Princes Dock.

Liverpool Vision will lead the project, working with partners Gower Street Estates, the Albert Dock Company, National Museums Liverpool, British Waterways, ACC Liverpool, Kings Waterfront Estates, English Partnerships, Neptune Developments, Merseytravel, Liverpool Culture Company and Liverpool City Council.

The programme will deliver a wide range of projects including:-

· The development of Canning Maritime Park as a visitor attraction in its own right, through a combination of landscaping improvements and new pedestrian bridges across the eastern end of the graving docks.

· Construction of mooring facilities at Salthouse Dock for boats entering the south docks via the new Leeds/Liverpool canal link.

· A programme of enhancements at Albert Dock, including feature lighting, interactive kiosks, new seating and street furniture.

· Public art in the form of plaques at Kings Waterfront commemorating 100 famous Liverpudlians.

· Completion of a pedestrian link across the Pier Head to tie in with the new ferry terminal and associated environmental improvements.

Peter White, NWDA Executive Director of Development, said:- “The NWDA recognises the enormous potential of Liverpool’s waterfront as a major international visitor destination and we have invested substantially in a number of significant developments to maximise its contribution to the local and regional economy. This includes the new cruise liner facility, canal link, Museum of Liverpool and ACC Liverpool.  Building on the achievements of phase one of the Waterfront Connections project, this latest funding will help to maximise the impact of these and other attractions at the waterfront, helping to boost Liverpool’s visitor economy.”

Jim Gill, Liverpool Vision Chief Executive, said:- “The City Centre Waterfront has undergone an impressive transformation over the last five years. Vision and its partners have delivered a series of complementary attractions from Princes Dock to Kings Waterfront, which are already having a major impact on the city’s economy.  NWDA funding will encourage greater movement between these attractions, provide improved facilities, and create a more enjoyable experience for local people and visitors.”

NWDA helps create Aerospace jobs for Birkenhead

THE Northwest Regional Development Agency (NWDA) has awarded the CML Group Ltd a grant for £600k, creating 34 additional jobs for Birkenhead.

For almost 60 years the CML Group has produced components and assemblies for the aerospace industry for customers such as Airbus UK and BAE Systems. Over this period, CML Group has developed its capabilities to comprise machining, composites, sheet metal and surface treatments.

The company is now looking to invest in new equipment to capitalise on the increasing use of composites and to increase its penetration into the military and business jet sectors.

By 2011 sales are forecast to increase by £5.6m to £18.8m, while the company will grow its workforce by 34 to 220.

The grant awarded by the NWDA is known as ‘Selective Finance for Investment’ and is available for businesses that are looking for financial backing in order to successfully carry out investment projects. Grants are available for businesses located in Assisted Areas of the Northwest, for projects of all sizes.

Mark Hughes, Executive Director of Enterprise and Skills, NWDA said:- “This SFI grant will allow the CML Group to expand into new and exciting markets, positively impacting on local job opportunities in the area and maximising the opportunities to contribute to the Liverpool city region economy.”

Geoff Stewart, Managing Director, CML Group Ltd said:- “The SFI grant is a tremendous vote of confidence in CML and all its staff. As we enter this new and exciting stage in the company’s development, we are delighted to have the support of the NWDA, and we look forward to delivering real value to all our stakeholders, particularly our customers and employees”.

The grant was supported by a team from Hurst Liverpool, who were responsible for the initial feasibility study, completion of the application documentation , guidance and support throughout the application process and in reviewing CML's business plans.

Claire Jackson, Managing Partner, Hurst (Liverpool) LLP said:- "CML is a long established business with an incredible track record as a manufacturer supplying the Aerospace market, we are passionate about supporting such businesses in the Northwest region and are extremely proud to have been able to work with and secure funding for CML".

The NWDA manages and funds a number of business finance solutions designed to help businesses in the region to start up and grow.

For further information visit the business page at nwda.co.uk.

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