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Insight13 November 2022
Cllr Karen Kilgour, Leader of Newcastle City Council
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Newcastle is a dynamic destination offering a fantastic quality of life and diverse leisure and cultural attractions.
Heritage
Newcastle is home to an International Airport, and is located near the mouth of the River Tyne – these provide a gateway to the region and key routes to international markets.
World-leading facilities for subsea technology development and supply
Swing Bridge, Newcastle
Butterfly Cabinet, Newcastle
Economic
Newcastle's business offer is all about skills and innovation, from its diverse talent pool to research-intensive universities.
A £92m investment programme in the urban centre ‘Accelerated Development Zone’ is stimulating business and jobs growth.
This is adding to the city’s existing economic strengths, which include:
- World-leading facilities for subsea technology development and supply
- One of the largest clusters of games development companies outside of London, and home to the UK’s largest global games production studio
- A UK City of Science with world-class strengths in the fields of healthy ageing, medical science and sustainability
Over £250m investment in cultural regeneration has also created a strong visitor economy, worth £1.37bn to the area