A NEW business park could create as many as 500 jobs for the Camborne, Pool and Redruth area.
The proposed Fibre Park development on the former Camborne School of Mines site is hoped to attract businesses through its hyperfast internet access potential – speeds of at least 10 gigabytes per second (GBPS) needed by international industries like video media.
It comes as a huge shot in the arm for the area and county, following on from the £132 million Superfast Cornwall project which is giving the county some of the fastest internet access in the world.
Project co-ordinator Toby Parkins said: "It's great to see the former Camborne School of Mines site, which of course has an international reputation, potentially being used again by global industries. If you aim to be equal nationally, you will achieve a national level, if you aim internationally you will achieve far greater results and this is the vision behind the Fibre Park.
"We are at the early stages but have been in contact with Cornwall Council, Cornwall College and businesses who may potentially move to the park. All the meetings we have held have been positive and we feel the park can open a lot of doors to a lot of businesses."
The Fibre Park would create working space for more than 1,000 people.
The project is being planned with input from knowledge-based industries to ensure the best "future generation" office facilities, and is already attracted overseas interest.
Harri Myllynen, founder of the mobile phone app development companies Off Screen and Curlify, based in Finland and Estonia, said: "Our current upload speeds are very restrictive when transferring files over one gigabyte in size.
"Ten GBPS speeds make the Fibre Park a highly attractive place to locate to."
Mr Parkins added: "I speak with a lot of businesses and everyone recognises that the connectivity in Cornwall is fantastic and that the county is in a very strong position because of the superfast broadband.
"The Fibre Park will take this to the next level."
Mayor of Camborne Mike Champion said: "Any incentive to get new jobs in the area is something we have to support.
"It's good news for Camborne and good news for the area.
"The creation of highly paid jobs will support the town's economy because the money that the people in the Fibre Park will earn will then filter down to bakeries and other shops in the area."