Multi-million-pound infrastructure improvements for Lancashire.
The new Bay Gateway in Lancashire and port investments at Heysham and Liverpool, signal a new period of enhanced economic opportunity for the county. Even in the first few months of the Gateway’s existence there have been huge benefits for local people. Travel times and congestion have reduced improving the area’s appeal which could have a positive impact on the local housing market.
The £10 million-pound project to build a new link-span bridge at the Port of Heysham is underway. Once it is completed in October, the scheme will boost throughput by allowing the port to accommodate larger RoRo vessels from the Irish Sea.
In addition, the opening of the Bay Gateway, a 4.8km route connecting the Heysham peninsula with the M6 in March, dropped the journey time for goods moving between the UK and Ireland by 30 minutes.
Peel Ports commented that, in addition to the infrastructure improvements in Heysham, the recently opened Liverpool2 container terminal will create new opportunities for importing and exporting within the region.
The £400 million pound investment in the port is big enough to accommodate the biggest container ships in the world. Enabling cargo owners to cut costs, avoid congestion and reduce carbon emissions by shipping closer to market.
Peel Ports and Lancashire County Council are confident that these recent developments have strengthened the position of the region and will future proof it for many years to come.
Lancashire County Council’s Leader, County Cllr Jennifer Mein, commented: "The opening of the Bay Gateway signals real change in Lancashire. In the few months that traffic has been using the Gateway, we have seen the benefits for local people and businesses, in terms of reducing travel times and congestion and improving the reliability of journeys by road.
"We are committed to creating the conditions for communities and businesses to thrive and the Bay Gateway is another transport infrastructure landmark that will not only benefit the local area but the whole county. It is also one of many strategic economic initiatives that we are delivering with business partners across Lancashire to develop new growth and investment opportunities.”
She added: "The Bay Gateway, which created 3,000 jobs in the construction phase, is already benefitting business, it is exciting to visit the Port of Heysham and see the real impact of our investment on the ground."