A new enterprise zone, which is expected to bring over two-thousand jobs to Lancashire has already attracted interest from a number of large companies. Lancashire County Council has confirmed that talks are at advanced stages with both United Kingdom and overseas companies.
Phil Halsall, Chief Executive of the Council and a prime mover in the initiative, confirmed that the Lancashire Enterprise Zone (LEZ) will be launched in April after being given the green light by Chancellor George Osborne last year. Mr Halsall has been working hard for months trying to encourage companies to relocate to the enterprise zone. Each company who decides to come to the area will benefit from significant tax breaks, more relaxed planning laws and a super-fast broadband network.
Mr Halsall said: “We’re getting a lot of interest from big companies, some coming into Lancashire for the first time. We’re not talking to anybody who wants to move a factory from Burnley to Samlesbury or wants to move to save a few quid. It’s not about displacement. It is about having large manufacturing and highly skilled jobs there. We are interested in companies who want to work in East Lancashire. We spoke with an American company who are interested in coming here as they understand there is a good, highly skilled workforce.”
A number of companies who are interested in moving to the area have a large commercial vehicle fleet which is good news for professional drivers and van insurance providers in the LEZ area. Haulage companies are also showing interest as are logistics companies handling high-value products. The enterprise zone is being spearheaded by Lancashire County Council, the Lancashire Enterprise Partnership and BAE Systems.
All involved in the project are confident that this will have a positive impact on the economy of not only Lancashire but the North West in general, as well as bringing in some much needed jobs to the area. Interest has continued to grow in the last few months and after the enterprise zone was initially rejected, it looks set to have a successful future in the North West.