Investment
From 1 April 2024, the responsibility for LEP functions across the Enterprise M3 LEP region has transferred to Hampshire County Council and Surrey County Council.
The Enterprise M3 Board met for the last time in March 2024 and Enterprise M3 LEP is no longer operating as an organisation.
For any enquiries relating to economic development across the counties of Hampshire and Surrey, please visit the Hampshire County Council website and Business Surrey respectively.
Please note that Enterprise M3 LEP staff have transferred to Hampshire County Council to continue to deliver services and activities in Hampshire, including the Growth Hub, the Careers Hub, work on key business sectors, and trade and investment.
They can be contacted at economic.development@hants.gov.uk.
Investment
This scheme comprises a roundabout and a signal controlled junction in close proximity on the southern end of the A33, A33/A339 Ringway Roundabout and A33 Popley Way Junction. These junction improvements, along with future proposals along the A33 corridor, help address existing problems of journey time unreliability along the A33 and around Basingstoke, thus supporting access to jobs. In addition to increasing capacity and improving traffic flow, these works also improve access to proposed local development North of Popley Fields, Razors Farm, Cafaude Farm and Redlands and existing local business parks. A33 Reading Road / A339 Ringway Junction:
Part of the Basingstoke North Corridor to Growth package of projects. Taken together these will create a net increase of 264 jobs (plus an additional 102 construction jobs), 292 housing starts, and an additional £91m of Gross Value Added within the local economy.
Start date:
End date:
Amount financed: £2.16 million
Total cost: £2.33 million
Status: Completed
Project Lead: Kevin Travers
Themes: Places
Geo-location:
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