The £1bn boost to the economy comes from the combined business from the Echo Arena, BT Convention Centre and the new Exhibition Centre Liverpool, which was officially launched last night in an opening party.
The new Exhibition Centre is expected to generate £20m to the economy of the city and wider city region. This figure is expected to rise to £40m per year in a few years down the line when it ‘cements its reputation’.
Speaking at the launch event, Liverpool Mayor Joe Anderson said: "In the years since the ACC opened, it has generated over £1bn to the local economy and city region. It’s a fantastic achievement, which will be further increased by the addition of Exhibition Centre Liverpool, which really puts this city on the map. It creates hundreds more jobs and is a huge economic boost for the city."
Bob Prattey, chief executive of The ACC Liverpool Group, said: "This is a hugely significant moment in the development of The ACC Liverpool Group and we are extremely proud to add the new facility to our range of venues."
The launch party saw more than 700 industry professionals, suppliers and partners welcomed to the venue. After the speeches, guests were entertained by gymnasts and dancers, before Actor and DJ Craig Charles rode in on a lorry to ramp up the music. There was also a carousel and miniature train ride available.
Attendees enjoyed a range of food and drinks from stations around the venue, including a burrito bar, a curry stop, and a champagne and seafood bar.
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