South West Conservative MEP Ashley Fox
has welcomed the UK Government’s announcement of £1.4 million investment from the Regional Growth Fund
to leading aircraft manufacturer and major South West employer Airbus.
The funding will help provide specific training to increase engineering capabilities in the UK and is expected to create 200 new jobs at Airbus’s wing development and manufacturing facilities which is based at Filton near Bristol.
Business Minister Michael Fallon, speaking while on a visit to the Airbus facilities on Thursday, said
: “This important project demonstrates the Regional Growth Fund in action. The money is boosting engineering skills and apprenticeships in an important and valuable industry – for the South West and UK as a whole. There is a global competition for talent, innovation and success and this will help Airbus in Bristol maintain its world-leading status.
Writing on his Facebook page, Mr Fox said
: “I am delighted that Airbus has been awarded these funds. This will bring a much needed boost to our local economy through the creation of 200 jobs in the South West.
“It is also great news for young people, who will have the opportunity to undertake apprenticeships as part of the training programme. I hope this will encourage more young people in the South West to choose a career in engineering.
“In today’s globally competitive environment, this is exactly the kind of investment that the UK economy needs.”
The Regional Growth Fund (RGF) is a £2.6 billion fund operating across England between 2011 and 2016. It supports projects and programmes that lever private sector investment to create economic growth and sustainable employment.
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