Tuesday, May 22, 2007

The Great Leap Forward

Here's an interesting and encouraging piece of economic news today.

The Isle of Thanet Extra reports that as many as 1,000 jobs could be coming to the county on the back of a major development involving China.

Thanet firm Commercial Group Properties has agreed a 10-year lease on a 1,000,000sq ft development at its Manston International Business Park, which will see a host of Chinese businesses setting up on the site.

The deal is with the Beijing Association of SME (small and medium-sized enterprises) and surety is provided by Chinamex, an arm of the Chinese government.

Ed: This could be really good news with lots of different spin-off opportunities for Thanet and so I'll be watching the progress with real interest.

4 comments:

Anonymous said...

Where is the 1,000,000 sq ft of space or is there to be further building? Are plans in for further construction you can point me to, Dr Moores?

DrMoores said...

I don't know yet. I don't see it in any materials I have so I will be exploring further.

Do any other of our councillors reading this know any more details?

Anonymous said...

Well if you have driven past the loop at all recently there is a big hoarding up with a Plots for Sale sign showing B1 & B2 (if memory serves)permissions and has been for over a year.

Anonymous said...

And another one with 'Acquired by KCC for regeneration' LOL.