The Mayor Boris Johnson has announced £30 million of investment is being ploughed into the London Sustainable Industries Park, including the capital's first organic waste recycling facility, supporting his aim to create over 1,200 jobs at the site.

The Park in Dagenham is on land owned by the Mayor's office and aims to be the largest of its kind in the UK.

The new investment includes a £21 million anaerobic digestion waste recycling facility to be built and run by the TEG Group. It is one of the first sign-ups to what is London’s first business park for the growing number of low carbon industries. The Mayor has committed £10.3 million for a works programme which is transforming a disused brownfield site into a thriving new business quarter to attract up to 750 jobs and 500 construction jobs. The project represents another step in the Mayor's aim to using public land to create employment opportunities and economic growth.

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The London Sustainable Industries Park has been designed to create a cluster of environmentally focused enterprises such as low-carbon energy from waste plants, innovative waste facilities and other CleanTech infrastructure (such as recycling, renewable energy, wind power, solar power, biomass). The site is already occupied by Closed Loop Recycling and will be joined by the TEG Group and other potential occupiers.

Mr Johnson said: "This exciting new project is set to bring hundreds of much needed new jobs into Dagenham, an area that has suffered from a decline in traditional industries. I am investing more than £10million into this site owned by City Hall to create a vibrant new destination for innovative businesses. Low carbon industries represent a growth market, which will support a new generation of jobs for Londoners but also bring cleaner, energy efficient businesses that contribute to a better quality of life. So I am delighted to welcome our new tenants the TEG Group."

(CD/GK)