£2m terminal grant hailed as tremendous news for town
THE DEVELOPMENT of the Goole Intermodal Terminal “will unlock the potential of Capitol Park Goole”, according to Yorkshire developers Sterling Capitol.
Mike Heydecke, director of the Leeds-based developers, welcomed the announcement of the £2.1m grant for the 29-acre terminal from the Humber Local Enterprise Partnership, saying it was “tremendous news for Capitol Park and tremendous news for Goole”.
The cash boost was announced by Northern Powerhouse Minister Andrew Percy.
Mr Heydecke said: “The Goole Intermodal Terminal will draw together the town’s existing rail, sea, motorway and inland waterway links into one site providing an integrated transport facility for business.
“This facility will offer companies the opportunity of seamless movement of goods; from ship to road, ship to rail or ship to barge and vice versa; shortening the timescale and therefore lessening the cost of moving goods.
“Capitol Park Goole, adjacent to the M62 at Junction 36 and close to the planned terminal, is perfectly positioned to take advantage of the terminal’s exceptional links.
“The park has been opened up by the new link road from the motorway to the port and has massive economic potential. This potential can now be unlocked by this investment in port and logistics-related infrastructure.”
Stephen Silvester, Inward Investment Manager at the East Riding of Yorkshire Council, said: “The Local Growth Funding (LGF) will facilitate a vital piece of infrastructure that will enhance Goole’s unique selling point as the UK’s premier inland port as it will connect the existing road, rail, port and inland waterways with the surrounding Enterprise Zone employment land at Capitol Park.
“The Port of Goole occupies a strategic location at the start of the ‘Energy Estuary’, some 50 miles from the sea and has direct linkages to the motorway (via the M62), inlands waterways and rail network.
“The Intermodal Terminal will therefore have multiple synergies with the Port and will enable it to continue to grow and prosper.