Investment in South Tyneside
Contents
Overview
The Council continues to invest to make South Tyneside a great place to live, invest and bring up families.
There is a huge programme of investment underway across South Tyneside, including:
- new and improved housing
- modernised community and leisure facilities
- economic growth projects
- roads and footpaths investment
- and so much more
A decade of investment in South Tyneside (2010 to 2020)
It's been over 10 years since we set ourselves the bold ambition to make South Tyneside an outstanding place to live, invest and bring up families.
Watch the video below that shows how the Council has invested in South Tyneside over the past decade (2010 to 2020).
Where the money comes from
Our investment programme is financed by a mixture of external funding, government grants, revenue budgets, borrowing and capital receipts from the sales of our assets.
The Council has a structured and co-ordinated approach to the pursuit of external funding to make sure it is in line with objectives, it has sustainable match funding and avoids duplication.
The target level of borrowing is affordable and consistent with our budget forecasts and capital receipts are generated through the disposal of council land and buildings that are surplus to Council needs.
Invest in South Tyneside
South Tyneside is a buzzing, vibrant place to start and grow a business.
Ideally located in the heart of the North East England, you have access to:
- excellent road networks
- the Port of Tyne for import and export across the world
- an international airport nearby.
Regeneration across South Tyneside is happening, with over £1bn invested since 2001, and ongoing plans taking shape.