Plans for a £10.6 million air and space training centre have taken another step forward.
A business case for the International Air and Space Training Institute (IASTI) facility in Newark has been approved by independent assessors.
Newark and Sherwood District Council will discuss the next stage of the plans at a policy and finance committee on January 27, after the assessment said the project would offer “value for money and has demonstrated its deliverability”.
ASTI Newark will be the world’s first facility of its kind training the next generation of young people to work in the 海角视频’s aerospace and space industries.
Working closely with industry it will help meet education and training needs in areas such as engineering, pilot and ground operations roles.
The centre will be a partnership between the Lincoln College Group, Royal Air Force, East Midlands Airport, Inzpire, AAR, Leonardo, Eagle Eye, Lincs & Notts Air Ambulance and the National Space Centre.
Newark College’s interim IASTI site has already taken delivery of a £35,000 flight simulator where students get can hands-on with the tools and technologies used within the aviation industry.
It is one of nine priority projects being developed by Newark Towns Fund Board and funded through the Government’s Towns Fund initiative.
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Newark’s ‘Town Investment Plan’ was developed by a dedicated Newark Towns Fund Board to regenerate the town centre, boosting business and improving infrastructure.
A planning application, which will see the multi-million-pound premises for IASTI built between Newark Castle Station and the A46 Newark Bypass by 2023, is awaiting approval.
Matt Lamb, director of planning and growth at the council, said: “The IASTI-Newark will blend education with practical experience in partnership with the civil and military aviation industry.
“The project responds to skills shortages in the aviation and space sectors, who have struggled to attract, educate and retain qualified individuals needed to meet projected growth in these sectors.
“The project is led by Lincoln College Group and is supported by industry.”
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