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
The package of improvements will help ease congestion in two of the major employment areas in Basingstoke, Chineham and Hampshire International Business Parks, as well as aid potential expansions and future job creation. In addition, the improvements will seek to unlock several key development sites along the corridor. The scheme includes:
Part of the Basingstoke North Corridor to Growth package of projects. Taken together these will help retain over 4,000 jobs within firms based at Chineham Park and Hampshire International Business Park. The package will produce a net increase of 526 jobs, 292 housing starts, and an additional £91m of Gross Value Added within the local economy.
Start date:
End date:
Amount financed: £6.73 million
Total cost: £10.63 million
Status: Completed
Project Lead: Kevin Travers
Themes: Places
Geo-location:
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