Engineering giant Siemens has confirmed it will build a major new wind turbine plant in Hull and a blade factory in East Yorkshire
Siemens said it would invest £160m in Green Port Hull at the city’s Alexandra Dock as well as in a new blade factory in Paull, East Yorkshire.
Up to 1,000 jobs will be created at the two sites making offshore turbines.
Siemens said the factories would be operational in 2016 to meet demand for large wind farms, such as Dogger Bank.
Green Port Hull was first announced in January 2011 and was granted planning permission in May 2012.
But it has taken until now for a deal to be signed between Siemens and its partner Associated British Ports (ABP), which is investing £150m in the project.
David Cameron said the investment decision was a “massive vote of confidence in our long-term economic plan”.
“This investment is going to create lots of new jobs and opportunities, meaning more financial security and peace of mind for families and a more resilient economy for our country.”