Rainham businesses back the BID
PUBLISHED: 07:00 06 March 2017
Businesses in Rainham have overwhelmingly voted in favour of continuing the London Riverside Business Improvement District (BID).
The Riverside BID was set up in 2006 and provides security and environmental improvements, among many other services, in order to improve the appearance of the area and to increase footfall for local companies.
Around 400 businesses benefit from the BID and 87per cent voted in favour of continuing the scheme.
A total of £2.4million has been invested in the area during the past 10 years and plans for the next five years include weekly area monitoring for maintenance and ultra-fast broadband coverage.
The vote means the BID will run until 2022 when another round of voting among local businesses will take place.
Cllr Osman Dervish, cabinet member for environment, said: “Havering Council has wholeheartedly supported the London Riverside BID project over the past 10 years and we are delighted to see it become one of the largest and most successful industrial area BIDs in the UK.
“I am so pleased that the businesses have recognised the value of the BID and agreed to back it for another five years.
“The BID’s objectives are fully aligned with those of Havering Council’s vision of Havering – making a Greater London.”
Maggie Dixon, the London Riverside Bid manage, is looking forward supporting local businesses for another 5 years.
“The BID team are delighted with the successful result of the BID3 ballot, and look forward to commencing a third, five year term, continuing to improve the BID area making it safer, cleaner and secure.”