00:02The Liverpool City Region Investment Fund is the largest of its kind in the area
00:08and aims to combine existing and new public funding into a single investment pot.
00:14Metro Mayor Steve Rotherham says the fund will unlock sites that have stalled for years,
00:20accelerate regeneration and attract private and institutional investment.
00:25Initial projects focus on high-quality office space in Liverpool's city centre,
00:31lab facilities, industrial units and new housing,
00:34contributing to a £2bn development pipeline expected to deliver up to 64,000 homes.
00:41Transport improvements include plans for four new rail stations and a rapid transit system.
00:48The fund also targets advanced manufacturing, life sciences, digital and creative industries
00:55to drive productivity and job creation.
00:58The initiative forms a central part of the Combined Authority's decade-long strategy
01:03to grow the economy by £10bn and strengthen the region's position as a UK innovation hub.
01:09It is designed to ensure young people have career opportunities locally
01:14and communities benefit from modern infrastructure and high-quality amenities.
01:20Investments are intended to fast-track house building,
01:23support local supply chains and enhance transport-linked regeneration.
Comments