The Department for International Trade (DIT) has today launched £2bn worth of new investment opportunities which will create thousands of new homes and jobs across the UK.
The portfolio of projects across the country includes a new 12,000-seater stadium in Gateshead, a world-leading stem cell research centre in Edinburgh and a new office space for Belfast’s creative sector.
It also includes great opportunities in the Northern Powerhouse such as the Festival Park development in Liverpool, which will see up to 2,500 new homes built at the city’s waterfront.
The projects will create jobs and drive prosperity in local communities whilst contributing positively to the quality of life for people.
International trade secretary, Dr Liam Fox MP, said: “It has never been easier to find opportunities for global investment in the UK and these seven projects worth £2bn give investors the opportunity to do just that.
“Not only will these projects promote our vibrant and successful real estate industry, they also create homes and jobs across the country. As an international economic department, our message is loud and clear: the UK is open for business, and we can help find the right investment for you."
Minister for investment, Graham Stuart MP, said: “It’s a privilege for me to launch these new schemes, which will provide new homes and jobs for people across the country.
“The UK is the number one destination in Europe for foreign investment, and we will continue to promote opportunities that help people find decent jobs and develop strong communities.”
The seven projects will be unveiled by the minister for investment at the MIPIM UK property conference being held in London this week and will include opportunities for UK and international investors in a range of sectors.
3,000 property professionals and over 300 potential investors and financial institutions from around the world will be in attendance.
Jake Berry MP, minister for the Northern Powerhouse and local growth, said: “From a transformed waterfront in Liverpool to rival any historic European city, to a new, state-of-the-art quay in Gateshead, these new developments represent over £1bn of world-class investment in the Northern Powerhouse.
“With Government working hand-in-hand with business and attracting international investment from across the globe, we’re delivering transformative regeneration for communities from coast to coast across the North - further evidence that the Northern Powerhouse is one of the most business-friendly regions in the UK.”
The projects in the portfolio are across the country:
The portfolio has been put together by the DIT’s capital investment team which leads the government’s drive to attract and support international investment into large scale property, regeneration, infrastructure and energy projects across the UK.
This week the department will launch the perfect fit prospectus – which uses technology to create individualised reports for potential investors – based on their country of origin and the sector they operate in – to give them the information they need to make an informed investment decision.
The new tool will help DIT as it seeks to become the most innovative investment promotion agency in the world.
Further information on all seven new projects can be found at invest.great.gov.uk
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