Dominic Ward, senior partner at Andrew Jackson Solicitors and a World Trade Centre director said:
“This really is hugely significant for the Hull and the Humber region. Clearly the Humber will become a major attraction for international companies and the WTC will be at the forefront in promoting the region around the world.
“The South Korean company CS Wind Corporation that is planning an operation at Paull is an immediate example of a business from Asia investing in the region. We will see a lot more interest and investment from overseas companies over the coming years.
“We visited Bremerhaven in Germany last year and witnessed how it had turned itself from a failing fishing port into a renewables hub. This is Hull’s opportunity to do the same.”
Peter Brown, CEO of Neill & Brown Global Logistics and a WTC director said:
“This has created great excitement. The deal underlines the strategic location of the Humber and the importance of the renewable energy sector to the UK economy.
“We are thrilled at this news. It marks a new era for the city and businesses have been working hard behind the scenes for the last three years to put them in the position to make the most of the opportunities it presents throughout the supply chain. It took real faith for these businesses to commit time and money to this.
“The young people of our city can look forward with confidence to a future which provides much improved employment and training opportunities. We expect to see Hull and the Humber transformed over the next 10 years.”
There will be more reaction from the World Trade Centre over the coming days.
The World Trade Centre is a not-for-profit business funded by the private sector. It has renewables development as a key remit and has been working with a number of organisations to help make the Siemens investment happen, and to prepare businesses for the opportunities.
Source: World Trade Centre Hull & Humber Newsletter – March 2014