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The Thames Estuary Production Corridor report, The Case for Investment, has been published today (21st July 2020).

Dovetailing with the publication of the Thames Estuary Growth Board's Action Plan, The Green Blue, the case for investment shows that the Thames Estuary Production Corridor (TEPC) has the potential to create 50,000 jobs and generate £3.7bn for the UK economy, becoming the UK’s largest concentration of creative production. 

The programme has already unlocked £4.6million investment from Government into the Estuary, including £4.3 million for Creative Estuary, and will play a crucial role in London and the South East’s social and economic recovery after COVID-19.Since release of the vision in 2017, the Thames Estuary Production Corridor has seen momentous development and investment.  The initial investment from the Department for Digital, Culture, Media and Sport and the Ministry of Housing, Communities and Local Government demonstrates confidence in the opportunity to support the growth of the UK’s creative economy.  

Despite the devastating impacts of the pandemic, the cultural and creative industries will be integral to accelerating the UK’s economic and social recovery. Prior to COVID-19, the UK’s creative economy grew five times faster than the economy at large, with jobs being created three times as fast. 

The Thames Estuary Production Corridor will contribute to longer-term growth through forward-thinking investment in culture and the creative industries, helping create thousands of jobs in a time of need, building world-class cultural infrastructure and developing local skills opportunities that will be crucial to deliver sustainable and equitable growth.  Importantly, it will help to create and sustain places where people want to live, work and play.

Now more than ever it is critical that the full vision and potential of the Thames Estuary Production Corridor is realised, through the commitment, support and cross-boundary collaboration of the Thames Estuary Production Corridor Partners, working closely with the new Thames Estuary Growth Board and Envoy.

Mayor of London, Sadiq Khan, said:

"Our vision for the world's largest creative production corridor is bold. It will position London and the South East as a world leader for the creative industries on a scale never seen before, creating a landmark corridor along the Estuary, powering skills opportunities and new jobs."

Kate Willard, the Thames Estuary Envoy, said:

"We're thrilled to support #TEPC, an exciting project to make the Thames Estuary the world's largest creative corridor, with the potential to deliver an estimated 50,000 new jobs and add £3.7bn to the UK economy."