The Tees Valley City Deal will build upon Teesside’s strengths in large scale production and processing of chemicals, energy (including renewable) and new materials by helping to develop 3 major industrial sites.
Over its lifetime Tees Valley Unlimited predict that the City Deal will:
- create 3,500 supply chain or indirect jobs
- safeguard 800 jobs for the Tees Valley
- create £10 million of private sector investment in the industrial infrastructure and workforce of the Tees Valley