Gordon Brown set out a £9bn budget to build new communities in the Thames Gateway yesterday following years of criticism over the lack of a masterplan for Europe’s largest regeneration project. Financial Times
The Thames Gateway delivery plan for the first time sets out how public money will be allocated across Whitehall departments to pay for housing, transport and infrastructure in the 40-mile-long zone along the Thames east of London.
The plan sharply increases the target number of new jobs in the area to 225,000 by 2016 – up from the original 180,000.
The plan will make the Thames Gateway Britain’s first eco-region, using the large-scale development to pioneer environmental technologies and creating a zero carbon urban 'eco-quarter'.