Manchester Airport to receive investment from China

Tony Lanzbergin owner of Bergins Estate Agents in Northenden said that the investment at Manchester Airport can only be good for Wythenshawe and surrounding areas , Helping with employment for local people .
A Chinese company will be part of a group investing £800m in Manchester Airport to develop its surrounding business. The news was announced as Chancellor George Osborne started a trip to China to promote UK business and encourage Chinese investors to consider the UK. The move showed a government plan to do more business with the fast-growing economy was working, Mr Osborne said. London Mayor Boris Johnson is also on a separate six-day visit to China. He will meet political leaders and business chiefs in an effort to promote the capital's trade with the country. Manchester Airport Group will work with the Beijing Construction Engineering Group (BCEG) as well as the UK's Carillion Plc and the Greater Manchester Pension Fund to develop the 'Airport City' project. The development surrounding Britain's third busiest airport will include offices, hotels, manufacturing firms, logistics and warehouses. It is hoped that by attracting international businesses some 16,000 jobs could be created. "I think it shows that our economic plan of doing more business with China and also making sure more economic activity in Britain happens outside the City of London is working," said Mr Osborne. "That's good for Britain and good for British people," he added.

Return | Homepage | Print this page

SeoTitle: Manchester Airport to receive investment from China …