Mark Garnier MP has welcomed news that Worcestershire County Councils (WCC) application for a discounted rate loan from the Public Works Loan Board (PWLB) has been approved.
WCC put applied to access the PWLBs project rate discount to support priority infrastructure projects. HM Treasury has approved the application which will support the Worcestershire Game Changer Programme. This programme is split into three parts one of which is the Hoo Brook Bridge and Link Road.
Mark Garnier said “This is excellent news and will be a real step forward in the Hoo Brook Bridge and Link Road project. The link road will be fantastic for both local businesses and local residents who will benefit from eased congestion and this reduced rate loan will help considerably to fund this essential infrastructure.”