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Up to 24,000 jobs could be given the go-ahead in Doncaster after £18m worth of funding was won from the government.
The Gateway to the Sheffield City Region project beat off hundreds of bids from across the country to secure the money from the Governments Regional Growth fund.
The project will see a link road road built between Doncaster Robin Hood Airport and the M18, as well as the reclamation of Rossington Colliery.
The funding will also allow the continued development of the Strategic Rail Freight Interchange at Junction 3 of the M18.
The project will provide a major boost to economic growth in the region and act as a catalyst for attracting investment and creating long term job opportunities.
Peter Dale, Doncaster Council's Director of Regeneration and Environment was delighted to secure the largest amount given to any local authority in the country.
"This is tremendous news for Doncaster as this Gateway has the potential to deliver approaching 24,000 jobs for both Doncaster and surrounding area," he said.
"It has been a fantastic effort from the team and the Transport and Accessibility Section to have beaten off many excellent projects to secure the full value of our bid. The fact that we have received double the average successful bid of £9million is an achievement we all should be proud of and clearly demonstrates the confidence the Government has in Doncaster to deliver such an important scheme.
"The council and its public and private sector partners fully support the project and will continue to work together to deliver the benefits it will bring for Doncaster and the whole region."