§ Lord Dormand of Easingtonasked Her Majesty's Government:
What are their proposals for the regeneration of areas affected by coalfield closures.
The Minister of State, Department of the Environment (Earl Ferrers)British Coal non-operational properties will be transferred to English Partnerships, who will take forward their regeneration, reclamation and development. English Partnerships have prepared a detailed investment plan, including a development strategy for each site. The aim is to achieve area regeneration, environmental improvements and secure new employment opportunities in the coal closure areas. Receipts from sales will be used to fund the costs of reclaiming and servicing other sites in the portfolio. Two thousand, two hundred and fifty acres of land will be reclaimed for residential, commercial and retail uses and a further 2,750 acres will be developed for forestry, leisure and agricultural purposes. Fifty-five thousand jobs will be created and £850 million of private sector investment attracted. A managed disposal strategy will ensure that the market is not flooded with development land. In this way considerable benefits will accrue to the coalfields communities in the next 10 years.
This is a challenging programme for English Partnerships but they have already shown themselves capable of the challenge. The agency has quickly established itself as a key player in economic and physical regeneration throughout England with its 61WA activity carefully directed to achieve the maximum impact in areas of greatest need. We are convinced that the benefits for the coalfields communities will be considerable and that this new agreement ensures the best possible future for the coalfield sites in the north of England.
Regeneration will start immediately on a number of the sites, including Agecroft in the north-west, Dawdon in the north-east, Glasshoughton in Yorkshire and the Humber and Manton Wood in the East Midlands.
English Partnerships will receive £12.5 million from British Coal in a detailed agreement which has, as a key requirement, a balanced package where the cost of meeting enforceable liabilities and reclaiming sites to a minimum standard is offset by the positive value within the portfolio. The arrangements provide for an appropriate allocation of liabilities and risks between English Partnerships and British Coal.
I am today laying details of the sites being transferred in the House and copies will also be available in the Library.