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International Trade Centre gets green light

Big step for Peel's Wirral plans

Written by . Published on September 22nd 2011.


International Trade Centre gets green light

THE Peel Group has been granted planning permission to build an international trade centre within the Wirral Waters development at Birkenhead Docks.

The Peel International Trade Centre, the first of its kind in Europe, will be made up of a series of multi-purpose buildings constructed in phases providing a total floor area of approximately 2,500,000 square feet) and a total investment of approximately £175 million. This facility will include trade showrooms to display, promote and sell wholesale products to customers from the UK and Europe.

 Frank Field Labour MP for Birkenhead said “The whole council has made I believe a correct decision in backing Peel to develop along the lines of Wirral Waters. The Peel ITC is the first step in achieving the dream that was outlined in Wirral Waters.”

Peel envisages that once completed, it will enable over 1000 companies from emerging economies such as China, South Korea and India to trade exclusively with the wholesale market.

Some Day All This Will Be OursSome day all this will be oursThe status of Enterprise Zone recently awarded by the Government is an added benefit to the Peel ITC as all overseas businesses will pay substantially reduced local taxes for the first five years of occupation.

Stella Shiu (pictured here with Lindsey Ashworth, of Peel Holdings, and Wirral Council Leader Jeff Green) is a high-ranking member of the Chinese government and chairman of multi-billion dollar company Sam Wa Minerals. It  is to be Peel’s joint venture partner for phase one of the Peel ITC.

She said: This scheme will certainly put the Wirral firmly on the map, not just for Chinese businesses and investors but for UK and European businesses as well. Now we have plannng perrmission, we can look forward to the area becoming a trading hub which will lead to employment prospects and business opportunities for people in the UK, Europe and world-wide."

  The scheme forms part of Ocean Gateway - Peel’s proposed £50 billion investment strategy for the North West, which spans the next 50 years.  

 

 

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5 comments so far, continue the conversation, write a comment.

AnonymousSeptember 23rd 2011.

Peel Holdings has been collecting planning permissions to develop its huge property portfolio in Wirral and Liverpool for years so don't get all worked up.

The press and politicians do somersaults in ecstacy every time these are announced but not a single spade is wielded in anger that we know of...

When they say thirty years they really mean it.

AnonymousSeptember 23rd 2011.

Fireball XL5 seems to be missing from that picture...

Lieutenant 90September 23rd 2011.

Yep! That's the Space City Control Tower all right!

AnonymousSeptember 26th 2011.

It looks like Netherley-on-sea.

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