The Royal Docks have been designated London's first new Enterprise Zone, effective from 1 April 2012; recognition by both national Government and the Mayor of London of the importance of the area to the future growth of London's economy.
Construction is nearing completion on both the Emirates Air Line Cable Car and the Siemens Crystal, a £30 million landmark global urban sustainability centre, which will open in time for the Olympics and provide a permanent showcase for sustainable technologies.
The Royal Docks have the capacity to attract modern sustainable businesses and deliver 21st century economic growth for the capital. With a rich industrial heritage, they form the largest enclosed docks in the world, with thirteen miles of river and dock water frontage.
The Docks are currently home to London City Airport, the University of East London and the capital's largest events venue and first ever International Convention Centre, ExCeL London. Crossrail's arrival will place the area less than fifteen minutes from the West End, providing a catalyst for expansion that could create tens of thousands of new jobs and homes.