Liverpool

Peel plan trade exhibition centre on banks of Mersey

Property developers The Peel Group have announced plans for a new two million sq ft exhibition centre on the banks of the River Mersey.

The International Trade Centre would showcase manufactured goods from China, India, South Korea and other emerging economies to wholesalers, Peel said.

The firm is considering two locations where it already owns land - West Float in Birkenhead or Ellesmere Port.

The company said it hoped to decide which site to use by the autumn.

Peel said plans would be submitted to both local authorities imminently but added a number of factors would influence their choice, including the preferences of investors who have not yet been revealed.

'Superb opportunity'

Wirral Borough Council leader Jeff Green said it was "fantastic news" and that the council should move forward "aggressively" to try and bring the project to Wirral.

He said: "This investment has the potential to run into hundreds of millions of pounds and would create thousands of jobs for local people.

"We will continue to work with Peel on the development and promotion of this superb opportunity for the people of Wirral."

Cheshire West and Cheshire Council was not available for comment.

Peel said more than 1,000 companies would be able to exhibit in the space.

It added it had received considerable interest from investors at the 2010 Shanghai Expo and from subsequent visits to China.

Peel said it did not yet know how much the building would cost, or how many jobs it would create.

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