Never before has the Midlands come together on such a large scale in order to attract investment, with the Marches LEP uniting with 10 other LEPs to convince global investors that the region represents one of the most attractive propositions anywhere in the world.
The prospectus for the Midlands Engine was launched by the Rt Hon. Sajid Javid MP Secretary of State for Business, Innovation and Skills in December 2015, setting out the scale of the region’s ambition.
It is estimated that the Midlands economy could grow by £34 billion by 2030 if it matched the predicted growth rate for the UK as a whole.
Earlier this year the Midlands Engine Pitchbook was unveiled and will be used to showcase investment opportunities to key markets such as China and the US. It unveils 33 major opportunities for investors, which combined can create 178,000 jobs, 32,000 new homes and 57.9 million sq ft of property space for the region.
The ambition of the Midlands Engine is to improve the economy of the Midlands and the UK, deliver an enhanced quality of life for our citizens and communities and become a globally recognised driver of the economy. And the Marches is proud to be playing its part.