East Midlands Airport says that its ‘blueprint for growth’ could create more than 20,000 jobs by making land around its runway available for development.
The plan aims to unlock East Midlands Airport’s potential as an air cargo hub but requires developers to step forward.
Four sites on the airfield totalling more than 50 hectares have been earmarked for development and expressions of interest are invited from developers.
Two of the plots have tax site status as part of the East Midlands Freeport, for which East Midlands Airport is the primary port. This offers businesses investing in the sites tax incentives and simplified customs processes.
Three of the sites would have direct access to the runway, through new taxiways and space to park up to 18 extra aircraft. The proposals also outline a total of 122,000 sqm of warehouse space, along with up to 51,000 sqm of landside yard space and 1,000 parking spaces.
East Midlands Airport managing director Steve Griffiths said: “EMA is already one of the most important airports in the UK, forming the backbone of express freight that powers the growth of advanced manufacturing and other high-value industries. It is the hub that connects much of the country to the world’s most important markets for trade.
“Analysis shows we have the potential for significant growth in the coming years and in order to meet this growth, we have identified development opportunities to enhance our cargo infrastructure. Our plan for growth will bolster the airport’s pivotal role in powering UK trade, with tens of thousands of jobs and billions in economic value set to be unlocked by enhancing EMA’s cargo operation. We have four plots, a completely open mind over how those plots should developed and are open to suggestions for investment mechanisms that would unlock their potential.”
East Midlands mayor Claire Ward said: “East Midlands Airport connects our region to the world, and we need to get the most out of those connections to grow the economy in a way that lands here – boosting our businesses and bringing people together.
“EMA’s cargo expansion is consistent with this objective and is a game-changer not just for us, but for the UK. With up to £1.8bn in additional GVA and 12,600 new jobs by 2030 – and even greater gains by 2043 – this is a nationally significant opportunity to meet the growing demand for air freight services, strengthen our role in global trade, and create thousands of high-quality jobs for local people.”
Unite union regional secretary Paresh Patel said: “Unite must be part of ongoing discussions for any expansion at East Midlands Airport to ensure that any jobs created including in construction are unionised, well paid and come with excellent terms and conditions.”
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