On track for new investment with rail link
HIGH levels of interest from foreign investors are focused on Ashford and Shepway due to improved rail links with Europe.
The investment promotion agency Locate In Kent (LIK) says the county can look forward to continued improvement of rail connections following the launch of international rail services from Ebbsfleet.
Ashford, Margate, Dover, Canterbury and Gravesend are among towns likely to benefit as journey times to the capital are cut, making the rest of the country more accessible, too.
LIK forecasts the new highspeed domestic rail services between Kent and London later this year will generate even more interest.
The agency has helped more than 500 companies expand or relocate in Kent, largely in the business services sector, ICT and manufacturing.
A significant number of jobs have also been created in food and agriculture. Despite the recession, the Kent Property Market Report was positive about the state of business in Kent, saying business park developments have been progressing well.
Mark Quinn, of Wilson Quinn Developments and managing director of Quinn Estates, earmarked Folkestone and Hythe, among other towns, as potentially excellent places to buy property and develop in the future.
Mr Quinn said: “Kent has never really sold itself, yet it is brilliantly linked with the whole of Europe just across the Channel.
“It is a very cheap place to be based and an excellent site from which to do business.
“It can offer good, skilled staff, a high quality of life and very competitive prices.”
An LIK statement said: “Kent is well placed to cope with whatever the financial market may bring, with the county offering an excellent cost-effective solution to businesses feeling the credit squeeze.”
Southeastern’s high-speed trains are ready for action at Ashford