Croydon’s potential showcased to investors


By - Tuesday 24th June, 2014

Investors heard about Croydon’s potential to be a modern European City at a Develop Croydon event in London on Thursday 19th June.


Council leader Tony Newman spoke at the event.
Photo used with permission.

Release begins: The third annual Develop Croydon London drinks reception took place at The Deck at the National Theatre on South Bank and saw 80 potential investors, key stakeholders and members of the Develop Croydon Forum network and hear about Croydon’s bright future.

The leader of Croydon Council, Cllr Tony Newman, Croydon Council’s cabinet member for economic development, Cllr Toni Letts, the council’s executive director for development and environment, Jo Negrini, and Richard Plant, chair of the Develop Croydon Forum all gave speeches promoting Croydon to the London-wide audience.

In his speech, Cllr Newman – who became leader of the council earlier this month after Labour won control of the borough at the local elections on May 22nd – thanked Mr Plant and the Develop Croydon Forum for picking up the baton of promoting the town four years ago, and spoke of his desire to make Croydon a place people are proud of.

He said: “We need to step up and defend the reputation of Croydon – we need to say we are proud of Croydon. It’s a place where people want to live, work and spend their recreational time. Croydon needs to be proud to be a modern European city.”

Cllr Letts echoed Cllr Newman’s comments when she said: “The aim is to create Croydon as an enterprising European city; a place recognised as iconic, a modern mixed-use European city.”

Photo used with permission.

Croydon’s prime location to attract businesses and commuters was highlighted by Jo Negrini as a main reason why the town has the potential to become a big name.

She said: “The biggest thing we need to tackle is the identity and reputation because Croydon has it all already – 12 minutes from central London, the largest opportunity for growth and access to the largest commuter belt – a huge pool of talent who can work in Croydon. Plus, we are up for it to make it happen.”

And Mr Plant told the investors Croydon has already made vast strides, but there was still more to come from Croydon.

He said: “This is our third Investor Drinks and it’s about bringing the message about Croydon to London. This is about challenging the perceptions of Croydon: it’s not only changed for the better but the best is yet to come.”

The Develop Croydon Forum organise events throughout the year in Croydon as well as Investor Tours and also represent Croydon at a number of exhibitions, including MIPIM.

Release ends.

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