07:08 Thursday 23rd July 2015
BBC Radio Cambridgeshire
DOTTY MCLEOD: The Peterborough Investment Partnership has announced plans to spend £120 million doing up the South Bank in the city. The area will be known as Fletton Quays. .. Joining me now is Pram Nayak who is Joint Managing Partner. .. £120 million is the amount of money that’s being touted. Remind us where that money is coming from.
PRAM NAYAK: £120 million represents a lot of things actually. It represents the investment money that’s going into there. It’s all the planning costs and all the sort of consultancy costs etcetera. It’s the construction costs. It’s jobs. It’s creation. It’s the revenue. It’s a large number but it represents the total investment potential of that site over the next three, four years..
DOTTY MCLEOD: But where will that investment be coming from?
Continue reading “Peterborough South Bank – funding for development”