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06/05/08
Kent Economy - Locate in
Kent comment
Following yesterday’s article, ‘Bank of England signals worst is over’ in the Financial Times, Paul Wookey, Chief Executive of Locate in Kent said: “Despite the general concern about the nation’s economy, Locate in Kent is continuing to receive a good flow of enquiries from companies interested in investing in the county, and there is no indication that any of the Kent’s major commercial developers are planning to delay projects. “Whatever happens in the financial market, we are hopeful that Kent, with its cost-effective commercial properties, the launch of high speed rail connections to London from next year and continued investment in infrastructure and in the Thames Gateway Kent and Ashford in particular, will be in a prime position when the markets rebound. “The news of the £7.5m take-over deal of Corgi International by Kent-based Hornby shows a confidence in the county’s economy. Given its historical resilience, the companies that are willing to expand in the county and continued investment, Kent is well placed to buck the trend of economic instability seen elsewhere in the country.”
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