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NECA to provide £16m for investment zone projects

North East Combined Authority’s cabinet will next week be asked to trigger further development at NETPark in County Durham and complete the funding package for Blyth’s Energy Central Institute.


NETPark is part of the consultation. Image: NETPark
NETPark is part of the consultation. Image: NETPark

At its meeting on 26 November, the NECA cabinet will hear a report on the progress of wave one projects within the North East Investment Zone programme.


The IZ builds on the ‘arc of innovation’ as envisaged in the North East devolution deal, and focuses on advanced manufacturing and green industries clusters at four intervention sites: Blyth Energy Central in Northumberland, the International Advanced Manufacturing Park straddling Sunderland and South Tyneside, the Tyne economic corridor (Newcastle, North Tyneside, and South Tyneside) and NETPark.


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