Contractors working within the aerospace industry will be interested to hear that the government has announced that its newest enterprise zone will be situated in Cornwall.
Earlier this month, Cornwall & Isles of Scilly Local Enterprise Partnership welcomed the Minister of State for Business & Enterprise to formally launch ‘Aerohub @ Newquay Cornwall Airport’ at the Farnborough International Airshow.
Aerohub, the only entirely aerospace focused Enterprise Zone in England on an operational airport, will create up to 2,500 high-value jobs in Cornwall, which will come as good news to freelancers working in the sector.
The companies that choose to transfer to the Aerohub site will have the opportunity to benefit from money saving incentives such as simpler planning regulations and tax breaks. These are thought to make room for extra money needed to employ both permanent workers and freelancers in the area.
Business Minister Mark Prisk said, “Aerohub is a great example of how enterprise zones will be instrumental in stimulating local growth and job opportunities. It will help further strengthen the sector’s skills base while attracting further business that will directly benefit Cornwall’s economy.”
Chris Pomfret, Chairman of the Cornwall & Isles of Scilly Local Enterprise Partnership said, “Aerohub at Newquay Cornwall Airport is unique.
“It offers an operational airport with one of the country’s longest runways, buildings, no air traffic control restrictions, easy access to the major road network and a nascent aerospace cluster in one of the most desirable places in the UK in which to live. It combines these attributes with the benefits that come with Enterprise Zone status
Farnborough gave us the opportunity to demonstrate this unique proposition to the world’s aerospace industry, and, therefore, our potential future customers. They get a great place to ‘do business’ and Cornwall will get much needed skilled jobs”