Theresa Griffin MEP welcomes European backing for 11 new schools throughout the region

European Investment Bank announces £50.5 million to support the building of 11 new schools for 7,000 students.

Construction at eleven new schools is being supported by the European Investment Bank to the amount of £50.7 million – representing 40% of the overall project cost. The new schools will be built on existing school sites in Blackpool, Wigan, Birkenhead, Chester, Manchester and Stockport.

They represent the third batch of 46 new state primary and secondary schools to be built across the country under the Priority School Building Programme. Building work for the schools will start in the coming weeks and include both the demolition of redundant buildings and construction of new classrooms, canteens and administration facilities.

The Priority School Building Programme was set up to address the requirements of the schools most in need of urgent repair. Through the programme, 260 schools will be rebuilt or have their condition needs met by the Education Funding Agency.

Theresa Griffin, Member of the European Parliament for the North West, said:

“Today’s announcement will provide up-to-date learning facilities and education to young people throughout the region. In the North West, the European Investment Bank has supported the development of countless projects including new hospitals, better water and sewerage infrastructure, renewable energy and private sector investment.

“In the last decade alone the European Investment Bank has contributed nearly £2.5 billion towards the UK education system. Many Eurosceptics will argue that this investment is already our money – I would disagree. Outside of the EU, our region would have never secured this type of investment from Westminster, especially under the Conservatives.

“By grouping school development schemes and aggregating funding requirements, the Education Funding Agency has been able to access cheaper finance and streamline procurement for each batch of schools.

“The European Investment Bank is a prime example of what the EU does for local regions; securing direct investment and providing the mechanisms to collaborate with European stakeholders.

“We’re stronger when 28 Member States work together to source investment, procurement and develop initiatives to benefit all European citizens – especially our young people.”