Port of Tyne project could create up to 12,000 jobs

A £150 million scheme to upgrade Port of Tyne is set to transform both banks of the river in support of the offshore wind and clean energy sectors.

North East Mayor Kim McGuinness said: "The potential for the site is huge.

"It’s fantastic that the Port of Tyne is bringing forward a new clean energy terminal with a deep-water dock which will help us in our work to establish the North East as the home of the green energy revolution.

"It could generate thousands of clean energy jobs which will benefit the region in the long-term and further establish a real hub for renewables and offshore sectors on the bank of the Tyne.

"I look forward to seeing how the project progresses."

The plan for Tyne Clean Energy Park includes a kilometre of both new and redeveloped deep-water and a heavy lift quay(Image: Supplied)

The Tyne Clean Energy Park will feature 400 metres of deep-water quayside and cover 230 acres.

The project will officially launch at the Port Investment Panel during London International Shipping Week.

Heidi Alexander, transport secretary, said: "Today’s boost for the maritime industry will supercharge growth and jobs in our coastal towns and cities—making the UK one of the best places in the world to invest."