The regeneration of a steelworks in Scunthorpe has entered into the final stage and is set to reopen for the first time since 1981.
The project at Normanby Enterprise Park, funded by North Lincolnshire Council and the Greater Lincolnshire Local Enterprise Partnership (GLLEP) is set to be completed in March next year, creating 1,000 jobs.
In September, North Lincolnshire Council secured £983,000 from the Greater Lincolnshire Local Enterprise Partnership Northern Growth Deal fund and also provided £300,000 from the council’s capital jobs growth fund.
The investment has been used to create a prime employment site including offices, general industry and storage and distribution facilities.
Councillor Rob Waltham, cabinet member for Business, Innovation, Employment and Skills, said: “This funding from the government will enable infrastructure to be built that will bring forward the development of employment land in North Lincolnshire.
“We are keen to see this land developed to create better paid jobs for our residents and we will be marketing it on that basis.
“Normanby Enterprise Park will support the delivery of business growth by providing quality serviced land available for the construction of quality, competitive and affordable commercial premises, increase local employment opportunities and facilitate investment in the area.
“The manufacturing and engineering industries in North Lincolnshire employ over 34,000 people and this is a strength we want develop.
“Normanby Enterprise Park will build on North Lincolnshire’s assets and make them stronger, as well as providing additional opportunities. North Lincolnshire is a place to do business and invest, which is becoming ever clearer with developments like this.”