The Sunderland City Deal will allow the city and the North East to build on its strength in advanced manufacturing, particularly around the automotive sector.
By 2027 Sunderland City Council predict the deal will result in:
- approximately 260,000 square metres of floorspace that can be developed over a 100 hectare advanced manufacturing park
- 5,200 new jobs, mainly in the manufacturing sector
- an estimated £295 million private sector investment in advanced manufacturing in the North East