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UK green lights £14 million investment to transform heart of Redcar steel site

Staff Writer |
A new chapter for manufacturing in the Tees Valley begins in 2019 thanks to £14 million of government investment into the South Tees Development Corporation, bringing the total to £137 million.

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Northern Powerhouse Minister, Jake Berry MP, met Tees Valley Mayor, Ben Houchen at the South Tees Development Corporation site in Redcar, which is also home to the former Sahaviriya Steel Industries (SSI) site.

The land is set to be transformed and made ready for development creating new jobs, growth and attracting over half a billion pounds of private sector investment.

Work to establish construction access and utilities, a new spine road and roundabout is set to begin in the first quarter of 2019 with new commercial tenants on the site expected from 2021.

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