Press releases

Gatwick welcomes £202million growth deal for Coast to Capital region

07/07/2014

Latest deal will deliver the infrastructure and support that enables the region’s businesses to compete internationally and capitalise on Gatwick Airport’s excellent links to global markets.

David Gauke MP, Exchequer Secretary to the Treasury, joined Coast to Capital LEP chairman Tim Wates, chief executive Ron Crank and Gatwick Airport CEO Stewart Wingate to announce the region’s £202million growth deal at Gatwick Airport today.

Gatwick CEO Stewart Wingate said: "This investment will encourage business growth and international trade throughout the region with a thriving Gatwick acting as the gateway to existing and emerging markets. This ambitious programme, together with Gatwick's compelling case for a second runway, will help local, regional and national business compete on the global stage."

See photo attached and further details at: http://www.coast2capital.org.uk/news/press/250-coast-to-capital-lep-signs-202-million-growth-deal#sthash.M4k9Z1ve.dpbs

Left to Right for photo attached – Tim Wates, Chairman Coast to Capital; Stewart Wingate, CEO Gatwick Airport; David Gauke MP, Exchequer Secretary to the Treasury; Ron Crank, Chief Executive, Coast to Capital

For more information contact:

Gatwick Airport press office

t: + 44 (0) 1293 505000
e: gatwickmedia@gatwickairport.com

About London Gatwick

Gatwick Airport is the UK’s second largest airport and the most efficient single-runway airport in the world. It serves more than 200 destinations in 90 countries for around 38 million passengers a year on short and long-haul point-to-point services. It is also a major economic driver for the South-East region, generating around 21,000 on-airport jobs and a further 10,000 jobs through related activities. The airport is 28 miles south of London with excellent public transport links, including the Gatwick Express. Gatwick Airport is owned by a group of international investment funds, of which Global Infrastructure Partners is the largest shareholder.

In its December 2013 interim report, the Airports Commission included London Gatwick and Heathrow on its shortlist of potential locations for a new runway in the UK. Expansion at Gatwick will best meet the UK’s aviation needs for the future, can provide the greatest economic boost with the least environmental impact, and a new runway can be operational by 2025. For further information, see: www.gatwickobviously.com

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Media enquiries

Gatwick Airport press office
+ 44 (0) 1293 505000

gatwickmedia@gatwickairport.com

David Gauke MP at Gatwick