The chief executive of Mira Technology Park has welcomed the launch of a £60m government fund to accelerate enterprise zone infrastructure. The initiative was announced by Chancellor George Osborne in his Autumn Statement.
Mira, a 1.75 million sq ft technology park development, was granted enterprise zone status in August 2011.
Chief executive dr George Gillespie said: "We welcome today's announcement from the secretary of state Eric Pickles to make £60m of investment available for key enterprise zone infrastructure and are delighted to see that the government is supporting Mira's vision as the UK centre of excellence in transport R&D.
"Mira has self-invested more than £7.5m so far in jobs growth. However, with additional support now available for key enterprise zones, we are confident that we can accelerate major aspects of the development by several years, bringing forward approximately 250 jobs in the next two to three years."
Gillespie added that the park was ahead of its jobs target. He said: "When we announced Mira's enterprise zone status in 2011, we pledged to create 2,000 jobs over the coming ten years and I am pleased to announce we are ahead of our target having already created 188 jobs with visibility of another 145 during 2013.
"In addition to these jobs, we have attracted eight businesses to the region - including a number of high-profile international businesses such as Lockheed Martin, Bosch Engineering, Ashok Leyland and Norgren - supporting our enterprise zone vision to create Europe's largest transport sector R&D cluster.