Waveney welcomes China delegation
Published on 15th June 2012
A delegation of world-leading wind farm equipment manufacturers and officials from China are coming to Waveney next week as part of a visit to the Eastern region.
Bringing with them the potential for substantial investment, the two-day whirlwind tour of local business and tourism hotspots by 29 senior businesspeople and trade officials from the Jiangsu province in China will include visits to Lowestoft and Southwold as well as Bury St Edmunds and Great Yarmouth.
The stop-off in Lowestoft on Monday will include a promotional and business networking event at ORBIS Energy Centre, hosted by the Leader of Waveney District Council, Colin Law. This will include presentations by three local companies - AKD, Gaoh Energy and Pipesheild. The delegation will also visit the Power Park and take a tour of Lake Lothing.
The multi-million pound investors from the Chinese province of Jiangsu - a focal point for the Chinese offshore wind energy industry - are visiting East Anglia to look at investing in the production of offshore wind farm equipment along the East Anglian energy coast.
The visit is the latest stage in the joint bid by Norfolk, Suffolk and Essex county councils to work with China to create new export and inward investment opportunities, leading to local job creation. By 2020, offshore wind in the East of England is predicted to be worth £23 billion with the potential of creating tens of thousands of new jobs.
This month's visit follows an incoming delegation of Jiangsu offshore wind companies in September 2011, and a reciprocal visit to Jiangsu in March 2012.
In September 2011, Essex, Norfolk and Suffolk County Councils joined forces to promote trade and investment exchanges in the energy sector with Essex's partner region in China, Jiangsu Province.
Jiangsu is a leading province in China for the wind energy and offshore wind energy industry due to its favourable wind conditions, long coast and proximity to areas of high electricity demand in the Yangtse River Delta area and Shanghai in particular.
Cllr Colin Law said: "We are absolutely delighted to welcome the delegation from the Jiangsu Province and very much look forward to showcasing the potential of Lowestoft and Waveney as an outstanding prospect for attracting inward investment in offshore wind power. Ultimately, this relationship is being built to create thousands of new jobs and prosperity for the region and I am very excited by the opportunities this important relationship will present us."