Airport regional growth cash bid could create 1,500 jobs

AN expansion of an airport that could create around 1,500 jobs is among the region’s bids for Government regeneration cash.

Durham Tees Valley Airport has applied for the Regional Growth Fund money to help it carry out the project creating a freight and logistics operation at the site, which will cost £5.9m and take 10 years to complete.

New roads will be built and transport services improved on 150 acres of land south of the runway at the airport.

Peter Nears, strategic planning director for airport owner Peel Group, said that as well as delivering significant new employment, it would help to safeguard jobs at the airport.

The scheme is vying against bidders from across the UK for a share of a £1bn fund set up to create jobs in areas hit hardest by public sector cuts.

The bids include proposals from schemes that will benefit large, medium and small-enterprises and help young people take their first step into the world of work.