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£235m vision for future of East Midland economy unveiled as region comes together to fight back post-Covid

Midlands Engine Chairman Sir John Peace will today (28.10.20) announce the vision for the area and the proposed corporation .  The East Midlands is planning an historic fightback from the economic impact of Covid-19 with a bold new vision to grow the economy.

Councils, businesses, local enterprise partnerships and universities across the region have come together to develop long-term plans which aim to create 84,000 jobs, unleash new technologies and add billions to the value of the East Midlands economy.

Backed by the Midlands Engine partnership, they will use proposals for a new East Midlands Development Corporation to drive a series of large-scale development sites, linking them to local communities through drastically improved transport connections.

They are also looking to East Midlands Airport build on its status as the UK’s biggest airfreight gateway to drive international trade for key regional industries and businesses.  A copy of the press release and further information is available: