Thousands more hi-tech jobs could be created across the Sheffield City Region after the Government increased the size of land in its multi-site Enterprise Zone by half.
The announcement is a major boost for Robin Hood Airport, which has land included in the Enterprise Zone for the first time.
News of the increase was revealed by Local Enterprise Partnership (LEP)chairman James Newman.
He was speaking at MIPIM, an international property show in the south of France, attended by around 20,000 leading global investors and decision makers.
Mr Newman said: “I am delighted that the Government has listened to the LEP and enabled us to expand our Enterprise Zone to include additional strategic sites, including the land next to Doncaster Sheffield Airport.
“Businesses have been attracted to join our modern manufacturing and technology community which offers outstanding transport connectivity, a highly-skilled talent pool and the best UK Government tax incentives available.
“Now that our expansion has been confirmed, the LEP will be working closely with partners to ensure that the new sites can boast our full package of Enterprise Zone benefits, including simplified planning, superfast broadband and global promotion at international events.”
Local Growth Minister Kris Hopkins said: “The Sheffield City Region Enterprise Zone is creating a world class centre for modern manufacturing and technology.
“Expanding the Enterprise Zone will help to grow a community of world class businesses, which already boasts names like Rolls-Royce, Boeing and Firth Rixson and bring more investment, jobs and a boost to the Sheffield City Region economy.
When the original zone was announced in 2011 it was predicted that it could result in the creation of 20,000 jobs.
So far, 18 new companies have created 345 jobs and 300 more are expected to be created soon.