Saturday, May 25, 2024

Investors in secret meeting as council continues with multi-billion pound regeneration plans

ABOUT 60 developers and investors visited Thurrock as Thurrock Council seeks to transform the borough and make it an even better place to live, work, play and learn.

Purfleet Meet

Representatives from about 40 different organisations attended the council’s regeneration event at High House Production Park in Purfleet as the council outlined how it is seeking to secure more investment in the borough.

With 1,000 acres of land ready for business development and £20 billion of planned investment in new jobs, homes and infrastructure, the council has big ambitions and is now actively seeking developers and partners to help deliver its regeneration plans and create fantastic new opportunities for its residents.

Cllr Rob Gledhill, Leader of Thurrock Council, said: “We are all incredibly excited by the opportunities we have in Thurrock and this event is another big step in realising our ambitious regeneration plans.

“The borough is already home to some of the most exciting industries and organisations in the country, including three international ports at the heart of global trade and logistics, and the internationally-renowned Royal Opera House in Purfleet.

“Thurrock is one of the largest growth areas in the UK and we have major infrastructure being delivered and big regeneration projects in the pipeline, centred around six growth hubs in Purfleet, Grays, Lakeside and West Thurrock, Tilbury, London Gateway and Thames Enterprise Park.

“Whether it be the £1 billion proposals for a new town centre, medical centre and homes right on the River Thames in Purfleet, the 1,000 high-quality homes we are planning to build across the borough through our own development company, including 35 per cent which will be affordable properties, or proposals to transform the station quarter in Grays, the scale of the regeneration agenda here is huge.

“Events like this firmly demonstrate that Thurrock is open for business and we look forward to working with partners and investors as we seek to make Thurrock an even better place to live, work, play and learn.”

Requests by press to attend the event were rejected. YT was told it had sold out and then told that press attendance may have alarmed potential investors.

4 COMMENTS

  1. “YT was told it had sold out and then told that press attendance may have alarmed potential investors.”

    Alarm bells ring when I hear this. The only reason an investor would not want the press there is if something they didnt want people to find out was going on or planned. An honest capitalist would want the press there for promotion so I find this worrying.
    When will the secret meeting be made public by Thurrock Council? Were any secret deals done?
    What are thurrock taxpayers now on the hook for? Any brown envelopes exchanged?

  2. Investment is good, but we should be transparent about what the borough requires or wants and lets be honest, TBC has not got a clue.

  3. it is far worse than that the secret meetings are criminal and anti capitalist.
    They didnt open it up to all investors which means free market forces and best deal for residents. They just opened it up to there mates.
    this is crony capitalism.

    Where was
    Adam Smith’s key principle in the wealth and nations for morality.

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