Plans are in place to make Cheltenham the UK centre for cyber security companies, after Cheltenham Borough Council and GFirst Local Enterprise Partnership revealed plans to create the UK’s first cyber business park on land right next door to GCHQ.
When complete, the new cyber park could create up to 8000 high tech cyber jobs, says GFirst Local Enterprise Partnership.
David Owen, Chief Executive of GFirst, said:
“This is a huge opportunity. It could transform 44 hectares into employment land and attract £50 million of private investment into an industry which we know is going to continue to grow, particularly because of the pull of GCHQ.”
GFirst is investing £22 million in the project to make sure that the right infrastructure is in place. A further 30 hectares of land is allocated for residential development.
The knock on-impact of all this is that you have up to 8000 people in generally knowledge-intensive, jobs looking to buy local services from other businesses in this area, so it’s not just the cyber security industry that will benefit,”