The Leader of the Council, Cllr Ranjit Banwait visited Victory Road today to view progress made on realigning Victory Road, adjacent to the new Rolls-Royce Aerospace Campus.
The project involves moving Victory Road so it runs round the north east edge of Rolls-Royce, which is already beginning to take shape.
Council Leader, Ranjit Banwait said, “Rolls-Royce is a true global giant, and we are rightly proud to have them based in Derby. To enable their continued investment in our city, we are working with Rolls-Royce to realign the existing Victory Road, which currently divides the Rolls-Royce campus in half.
“Through incremental steps over the coming years’, the new Aerospace Campus will provide Rolls-Royce with a high-tech working environment, ensuring they maintain their position as an innovative world leader, while driving economic growth and job creation at the same time”.
Improving the road infrastructure at Infinity Park Derby is an important step towards the development of a new Aerospace Campus. We expect that the investment made here by Rolls-Royce will help to unlock further investment in the economy in the form of new job opportunities for the people of Derby, contributing to the Local Growth Fund target of 4,000 new jobs.
The project will take just over one year, at a cost of around £8.6m. This will be backed by a contribution of public and private sector funding through grants from the D2N2 Local Enterprise Partnership and Rolls-Royce contributions.
For more on plans for Victory Road, visit the Rolls-Royce website.