UK Construction Media

Rural England to get £200M investment boost

News   •   Aug 01, 2017 09:12 BST

The latest round of Rural Development Programme funding has been announced that will provide investment for rural businesses will help to generate thousands of jobs and provide new support to expand and improve their premises as part of a £200M grant offer.

The funding will for the first time be made available to support new rural broadband projects, and provide significant amounts of funding to on-farm businesses to invest in new infrastructure such as new buildings and machinery.

The current Rural Development Programme for England is expected to generate 6,750 new jobs. Already more than 1,400 projects have been agreed which are expected to create over 2,300 jobs.

The grants will also fund landowners to improve farm productivity and invest in rural tourism opportunities.

Rural Affairs Minister Lord Gardiner said: “One in three businesses in this country are based in the countryside, and this government is committed to providing the support they need to create a strong and prosperous rural economy.

“This funding will make sure businesses in remote locations can get online, help farmers install cutting-edge technology, create new tourist hotspots and bring high quality jobs to rural communities across the country.”

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