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Investment

Long-term investment programme strengthens Medway’s growth prospects

Medway is set to receive more than £60 million in government funding over the next decade, marking a significant investment in its communities, town centres and local economy.
Long-term investment programme strengthens Medway’s growth prospects

The funding, announced in March 2026, will be delivered through the Pride in Place programme, with £20 million allocated to each of three areas: Twydall and Gillingham, Rede Common in Strood, and Luton in Chatham.

The programme is designed to run over 10 years, giving Medway the time and flexibility to make meaningful and lasting improvements. The funding can be used for a wide range of priorities, from upgrading high streets and public spaces to supporting community facilities, green spaces and cultural activity.

A key part of the approach is local involvement. Neighbourhood Boards will be set up in each area, bringing together residents, businesses, community groups and local leaders to help decide how the funding is spent. This ensures that investment reflects what people actually want to see in their area, while also supporting wider regeneration ambitions.

The programme builds on work already underway through the £1.5 million Pride in Place Impact Fund, which is funding initiatives such as the Shopfront Grant Scheme and other town centre improvements across Medway. These early projects are helping to improve the day-to-day trading environment for businesses, while the wider £60 million programme provides the longer-term framework for change.

For businesses and investors, this kind of sustained investment sends a clear message. Medway is not only planning for growth, but actively backing it, with funding, partnerships and a long-term vision for its places.

It also reflects the wider picture across Kent, where investment in town centres, infrastructure and employment space is helping to strengthen the county’s appeal as a place to do business.

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