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Tees Valley Mayor

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South Tees Development Corporation

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In August 2017 the South Tees Development Corporation was officially launched by Prime Minister Theresa May. The 4,500 acre development area represents an international-scale opportunity to attract investors and improve the economy in what is the single biggest development opportunity in the UK.

  • The first Mayoral Development Corporation to be set up outside of Greater London
  • The South Tees Development Corporation site set to become the UK's first Special Economic Area – ensuring businesses help clean up the site 
  • £137 million of new money secured from Government to prepare the site for private investment
  • 1,420 acres of land secured – an area the size of Gibraltar!
  • Agreement in principle with the Thai banks to take back control of SSI's 870 acres of assets
  • 25-year vision to create 20,000 jobs and an additional £1 billion a year into the local economy
  • Multi-billion pound Clean Gas Project announce
  • £250million PMAC Energy from Waste plant announced
  • Home to £650million MGT power plant – the world’s largest biomass plant
  • 100 investor inquiries from global companies wanting to base themselves on site

Be the first to hear the big announcements

The South Tees Development Corporation will be making a number of exciting announcements this year. Be the first to hear them.

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Promoted by Jamie Bartch on behalf of Ben Houchen, both of Tees Valley Conservatives 30b Larchfield St, Darlington. DL3 7TE. This website is financed by donations at no cost to the taxpayer. ICO registration number: ZA452833
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