This article is from the TGLP archive. It was originally posted on: 04/10/2010
The Thames Gateway London Partnership today wholeheartedly welcomed the Prime Minister’s plans to transform London’s East End into a world class technology centre. Speaking this morning in Shoreditch David Cameron pledged his government to creating a Silicon Valley style technology centre in East London.
Cameron’s announcement comes only days after the government highlighted the importance of the continued development of the London Thames Gateway in its White Paper on local economic growth. The paper recognised the Gateway as having significant growth potential and pushed for developments to drive forward investment and growth. Today’s announcement can be seen as a sign of the Government’s continuing commitment to follow through on this pledge.
The new technology centre will be located in the London Borough of Hackney which already houses the country’s largest grouping of creative industries. Among the businesses announced to be investing in the site are industry top guns Google, Facebook and Intel.
Speaking at the launch Prime Minister David Cameron said:
“Our ambition is to bring together the creativity and energy of Shoreditch and the incredible possibilities of the Olympic Park to help make east London one of the world’s great technology centres.”
The Thames Gateway London Partnership Chief Executive Ros Dunn said:
“The Government has sent a clear message in recent weeks that the development of the Thames Gateway is still a key priority. Today’s announcement builds upon Hackney’s existing position as the country’s top location for digital and creative business. Over 30% of the country’s creative industries are located in Hackney and now industry heavyweights like Google and Intel are understandably eager to join the fast growing business community. This clearly shows that Hackney and the London Thames Gateway has solidly established itself as an internationally recognised location for the creative and digital industries.”
- The East London technology centre was announced by David Cameron on November 4th 2010.
- According to 2008 figures Hackney houses 34.28% of the country’s Creative Industries. The Creative Industries are defined according to the Department for Culture Media and Sport’s guidelines.
- The Government set out its pledge to the Thames Gateways continued development in Local growth: realising every place’s potential published 28 October 2010. Available at: http://bis.gov.uk/assets/biscore/corporate/docs/L/PU1068%20-%20Local%20growth