West Midlands tops regional rankings for foreign investment and growth rate in 2022/23

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West Midlands tops regional rankings for foreign investment and growth rate in 2022/23
Nederland Laatste Nieuws,Nederland Headlines

A total of 181 foreign direct investment projects landed in the region during the financial year – more projects than Scotland and Wales combined and overtaking the South East for the first time.

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Wolverhampton city economy chief Councillor Stephen Simkins

The last financial year also saw the West Midlands Growth Company – the region’s official investment promotion agency – achieve a record high performance, with recorded projects representing a 171 per cent increase on the previous year. Richard Bate, chief technology officer at cyber security business Goldilock, said: “Wolverhampton Science Park was key to our decision of where to base the business, providing us with a state-of-the-art research and development and production facility, as well as proximity to cyber skills. The West Midlands gives us unparalleled access to industry and talent on a very practical and affordable level, while being within easy reach of London’s tech ecosystem.

“We are working hard to attract foreign investment to support our growth and the £1billion regeneration of our borough.

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