Innovation Zone proposal
Councillor Bill Revans, Leader of Somerset County Council has welcomed the Chancellors announcement that the Gravity site, just north of Bridgwater, could be part of one of the first of the Government’s new Investment Zones.
Cllr Revans said: “We need to see the detail of how a new Investment Zone will work, but I am very pleased that Somerset looks like it could be a pioneer for the concept.
“With our plans for the Gravity site, our support for renewables and Hinkley Point C coming on stream later in the decade, we can put Somerset at the heart of the new Green Energy revolution. We have also identified significant growth opportunities in our other major towns. There is a prize here to be seized – and we have our eyes on that prize. “
Councillor Duncan McGinty, Leader of Sedgemoor District Council commented: “I broadly welcome Investment Zones for the Somerset. This could be an important tool for Somerset, with significant investment opportunities like Hinkley Point C, and Gravity in Sedgemoor. We will also work extremely hard to make sure that Sedgemoor remains a green and climate-friendly area.”
The former Royal Ordnance Factory north of Bridgwater has been identified as a potential site for a Gigafactory. The 616-acre site has the potential for an onsite rail terminal and sits by J23 of the M5 motorway. The total project could deliver up to 7,500 skilled jobs in the County.