Cameron plans to create Silicon Valley in East End

Prime minister David Cameron has set out his vision for London's East End to become a world-renowned centre for technology and innovation to rival Silicon Valley in the US.

Prime Minister David Cameron speaks to apprentice construction workers at the Olympic Park site in Stratford, East London, yesterday.
Prime Minister David Cameron speaks to apprentice construction workers at the Olympic Park site in Stratford, East London, yesterday.
Addressing an audience of business and technology experts in east London today, Cameron said the combination of Olympic Park facilities, international transport connections and city-based universities gave the East End the potential to be "one of the most dynamic working environments in the world".

He said Google and Facebook had already lent their backing to the project, which aims to create a technology hub running from Old Street to the Olympic Park.

Google has agreed to create an innovation hub in east London, while Facebook has agreed to create a permanent home for developers and entrepreneurs here in the UK, Cameron said.

US technology firm Intel had also agreed to set up UK bases in the area while the planned installation of super-fast broadband in east London is to be brought forward, although details are yet to emerge.

"Our ambition is to bring together the creativity and energy of Shoreditch and the incredible possibilities of the Olympic Park to help make east London one of the world's great technology centres," Cameron said.

Cameron said the Olympic Park Legacy Company, which is the organisation responsible for delivering the 2012 legacy, had agreed to provide office space in the Olympic Park to businesses that set themselves up in east London.

Regeneration & Renewal
's Fair Games campaign seeks to ensure that the regeneration pledges made in relation to the Games are honoured. For more details, visit regen.net/fairgames


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