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Combined Authority Approves £20m for new Cruise Liner Terminal

Wednesday August 29th, 2018

Liverpool City Region Combined Authority has approved £20m funding from its Single Investment Fund for a new Liverpool Cruise Liner Terminal.liverpool_4428132Sml

The £20m will contribute to the construction of a new terminal building to replace the current temporary terminal on Princes Dock.

Liverpool City Council is leading on the creation of the new Cruise Liner Terminal, which will also include an adjoining hotel and multi-storey car park.

The new facility will enable the world’s largest cruise ships to dock at Liverpool and is expected to directly create more than 500 new jobs. The current terminal generates more than £7m a year to the city’s economy.

Steve Rotheram, Metro Mayor of the Liverpool City Region, said: “The visitor economy is increasingly important to the whole of the Liverpool City Region – it grew by 66% between 2009 and 2017 and is now worth more than £4.5bn per year – and a new cruise liner terminal will help this vital sector continue to flourish.

“This is a unique project with the potential to boost the whole of the city region which is why as a Combined Authority we are pleased to be able to offer this substantial support to one of the city council’s flagship initiatives.”

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