Rail link boosts investor interestMar 17, 2009
PricewaterhouseCoopers LLP has been advising several companies that have been showing interest in extending their commercial base in Milton Keynes. One of its directors has forecast that interest will remain strong for the rest of the year.
Progress on the proposed East-West rail link between Bedford, Milton Keynes, Aylesbury and Oxford has boosted investor interest, along with the government plans for the Milton Keynes South Midlands sub-region expansion that will bring more than 192,000 jobs and more than 224,000 new homes to the area.
PWC assurance director Paul Norbury (pictured), who is based at the firm’s Central Milton Keynes office, said: “There has been no let-up in the interest shown by potential inward investors since the start of the year and this is a positive indication of strength of the city’s offering in terms of its location – its lifestyle and commercial opportunities.
"We are expecting this sustained interest from investors to continue throughout 2009.
“There are exciting plans in place to continue the expansion and development of Milton Keynes, supporting the area’s transformation from new town to international city. Despite these difficult economic times, the sustained progress of these plans is encouraging and is likely to continue to attract newcomers to the area.”