G-PARK ASHBY

Economic Benefits

The proposal presents a significant economic investment, bringing with it a number of job opportunities and financial benefits. Some of these benefits include the following.

 

Economic benefits during the construction phase include:

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The construction phase is expected to support c. 200-290 workers onsite, equivalent to 20-30 FTEs

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Construction workers are expected to support c. £135k - £185k of expenditure in the local economy over the construction period

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direct jobs on site

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net additional jobs across North West Leicestershire, once displacement, indirect and induced effected are taken into account

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additional yearly worker expenditure in the local area

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of annual GVA, equivalent to an increase of 5-6% of North West Leicestershire’s annual economic activity from transportation and storage

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increase in yearly tax revenues accruing to the treasury as a result of the scheme

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yearly business rates paid, equivalent to 2-3% of North West Leicestershire’s 2017/2018 total business rates