Last week, the South-West of England Regional Development Agency (SWERDA) announced it had established an £80 million infrastructure fund for facilities needed to support growth.

South-East England Development Agency (SEEDA) chief executive Pam Alexander has confirmed that the region is planning a similar fund that would recoup money spent on infrastructure from developer contributions. The idea was included in the recently published SEEDA Corporate Plan.

£10 million of the agency's money has already been earmarked for the fund, which awaits final approval from government, but it will be seek further contributions from other partners including developers in the region.