London park will be the biggest of its kind in UK and include it’s first organic waste recycling facility
LONDON Mayor Boris Johnson has announced £30m is being ploughed into a sustainable industries park that will include the capital’s first organic waste recycling facility.
The park in Dagenham is on land owned by the Mayor’s office and is destined to be the biggest of its kind in the UK.
Latest investment at the London Sustainable Industries Park includes a £21m anaerobic digestion waste recycling facility to be built and run by the TEG Group.
It is among the first to sign up to what will be London’s first business area for the growing number of low-carbon industries.
Johnson has committed £10.3m for a works programme that is transforming a disused brownfield site into a new business quarter. It represents another step in his drive to use public land to create employment and push economic growth.
The TEG Group constructed its first anaerobic digestion plant at Glenfarg in Scotland under a 50:50 joint venture with Albion Ventures, the London-based venture capital investor.
The Dagenham site is designed as a cluster of environmentally focused enterprises such as low-carbon energy from waste plants and other ‘clean tech’ infrastructure such as recycling and renewable energy.
Johnson said: “This exciting new project is set to bring hundreds of much-needed new jobs into Dagenham, an area that has suffered from a decline in traditional industries. I am investing more than £10m into this site owned by City Hall to create a vibrant new destination for innovative businesses.
“Low carbon industries represent a growth market, which will support a new generation of jobs for Londoners but also bring cleaner, energy efficient businesses that contribute to a better quality of life.”
TEG’s waste plant will divert nearly 50,000 tonnes of food waste from landfill each year.
Tagged food waste, organic waste recycling, recycle