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Economic Benefits
 

Trading locally

Some £27.5m worth of work on building the Park went to local businesses.

Employment

About 2,750 people work on the Park, including 1,150 new jobs. A conservative estimate suggests that for every two jobs here, another is created among local suppliers

Spending power

Guildford and other Surrey residents filled more than half these new vacancies. Their average salary is £37,000, significantly above the norm. This puts some £102m a year into local pockets.

Wealth creation

Tenant companies generated £300m – £350m worth of economic activity last year. An average annual turnover per head of over £85,000 indicates high added value.

Inward investment

Nearly half the tenants are inward investors. Nine out of 10 came from overseas, mainly from the USA, but also Canada, India, Japan, Sweden, Finland and Iceland. Half the 20 companies that have left since 1992 stayed in Surrey, retaining the jobs and economic benefits.

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