64.72 F
New York
May 29, 2023
Image default

Leeds is an extremely big hitters for inward foreign investment Magazine

Leeds continues to be ranked your fifth smartest city in the united kingdom for attracting foreign direct investment, with 19 FDI projects seeking the city in 2017.

That depends upon almost 25 % share of all the projects locating in Yorkshire & Humber last year, reported by?EY’s 2018?Attractiveness Survey.

In 2017, Yorkshire & Humber recorded 80 inward investment projects,?with the region maintained this advanced of inward investment in the last several years, attracting 80 projects or even more. Earlier than 2015 the region struggled to secure above 50 projects over the last decade.

According to EY’s annual publication, the number of jobs manufactured by overseas investors into Yorkshire & Humber has grown by 14% as compared to the previous year (from 4,988 in 2016 in order to 5,665 in 2017) and marks the biggest quantity of jobs secured in the community during the last decade.

Leeds continued to dominate Yorkshire & Humber in terms of attracting FDI with 19 projects in 2017, up by 18.8% on 2016.

The largest volume of projects recorded inside Yorkshire & Humber region were in manufacturing. The sector saw 38 projects attracted to the spot, representing 46% in the count of investment projects in 2017 (up from 40% in 2016).

In the british isles overall, the sector generating the best volume of projects was digital. In Yorkshire & Humber, digital accounted for six projects in 2017

Related posts

FSB demands compensation for small firms hit by TSB meltdown Magazine


Loan sets up spa business and fosters new jobs Magazine


Financial services bosses say skills shortage is top fear


Leave a Comment