皇冠体育app

• Bolstered OfI redoubles UK efforts to secure investment聽to drive economic growth as part of Government鈥檚 Plan for Change.
• Since taking Office, Government has welcomed around 拢100bn in investment into the UK, with employment rising by almost 500,000 jobs.聽
• New office ensures investment pitch aligns with聽UK鈥檚 modern Industrial聽Strategy, targeting investors聽in high-growth and foundational sectors.
• Minister for Investment launches new Office with pitch to staff after PwC Survey rates UK as the 2nd best place in the world to invest.

皇冠体育app UK鈥檚 highest growth sectors are gearing up for an inward investment boost as a new, revamped Office for Investment will provide enhanced high-end investor relations, commercial support and tailored opportunities for those looking to invest in the UK.聽

Today [5 June], Minister for Investment Baroness Gustafsson CBE will launch the new Office for Investment which will be laser-focused on securing investment to drive economic growth, job creation and productivity across the UK, as part of the Government鈥檚 Plan for Change.聽

皇冠体育app enhanced Office for Investment will be aligned with the Government鈥檚 upcoming modern Industrial Strategy, prioritising growth-driving sectors ranging from defence to clean energies, as well as foundational sectors such as steel, critical minerals and logistics.

It will also actively pursue and manage major investment projects that support national growth missions and infrastructure strategies, helping to make the UK the best investment destination in the world.聽

Minister for Investment Baroness Gustafsson CBE said:

Securing investment is an integral part of this government鈥檚 Plan for Change, so I鈥檓 thrilled the Office for Investment will help drive even more investment into the UK, supporting job creation and boosting wages.

Aligning with our upcoming modern Industrial Strategy, the OfI will deliver long-term growth right across the UK by providing support and stability for investors, giving them the confidence to plan not just for the next year, but for the next 10 years and beyond.鈥�

By aligning investment resources under a single brand, the new Office for Investment will reduce confusion for investors and become increasingly proactive both at home and overseas in search of new potential investors for the UK.

This announcement follows last year鈥檚 record-breaking International Investment Summit where the UK attracted 拢63 billion of new investments鈥痗reating 38,000 jobs across the country.聽

This builds on the latest PwC Global CEO Survey which rated the UK as the 2nd best place in the world to invest, after the USA.

CEO of the London Chamber of Commerce and Industry Karim Fatehi OBE said:

Setting a new course for the Investment Office has the potential to drive greater investment in London and the rest of the UK - creating jobs, building businesses and supporting economic growth. To remain relevant in a competitive market we must create the best conditions for international investors to succeed and prosper in the UK.

皇冠体育app UK is already the most open, stable and connected economy in the world.聽Securing trade deals with the United States, India and a new agreement with the European Union demonstrates the UK鈥檚 commitment to free and fair trade, and how this Government will support real change for the British people as part of the Plan for Change.

皇冠体育app UK continues to attract major investments across a range of sectors, including digital and technology, reinforcing its position as a global innovation hub. 聽

皇冠体育appse investments include:聽

• 拢24 billion investment pipeline between 皇冠体育app Crown Estate and Lendlease, unlocking housing and science innovation hubs, with 26,000 new homes and 100,000 new jobs.
• 拢1 billion investment by logistics giant DP World to build two new shipping berths at the firm鈥檚 London Gateway port, creating more than 400 permanent jobs.
• Universal鈥檚 multi-billion-pound investment in a major new theme park and resort in Bedford which is estimated to bring a 拢50 billion boost for the economy and create around 28,000 jobs across the creative, hospitality and construction industries.
• 拢10 billion partnership with OCBC, Singapore鈥檚 second largest bank to facilitate investment from the Asia Pacific region into priority growth sectors including energy, infrastructure and real estate.
• 拢4 billion investment by the Malaysian group YTL in the UK over the next five years, which includes transforming the greater Bristol area and delivering over 30,000 jobs across the UK.
• 拢200 million investment from European defence company MBDA, creating 700 high-skilled jobs in Britain鈥檚 defence industry.
• 拢50m investment deal between JATCO, Nissan and the Government to build a new manufacturing site in Sunderland.
• 拢170 million investment by international manufacturer Knauf Insulation in a new facility in Shotton, North Wales, creating 140 new jobs.
• 拢300 million investment from Rolls-Royce in聽the expansion of their Goodwood聽facility to meet the growing demand for bespoke upgrades.
• 拢500 million by JLR in its Halewood facility to enable the production of electric vehicles, alongside existing combustion and hybrid models.
• US company Knighthead鈥檚 拢3 billion regeneration project in East Birmingham, creating 8,400 new jobs annually, paving the way for a new 60,000-seater stadium alongside a sports campus of training facilities, a new academy, and community pitches.
• Heathrow Airport announcing a multibillion-pound investment programme to expand the airport, including new terminal buildings, aircraft stands, passenger infrastructure and work towards聽its third runway.
• $5 billion investment from Oracle to expand its cutting-edge cloud infrastructure in the UK 鈥� an initiative helping to position the UK at the forefront of the AI revolution.
• Vishay investing 拢250 million to establish the world鈥檚 first compound semiconductor facility.

Notes to editors:

• 皇冠体育app Prime Minister also announced plans for an enhanced Office for Investment just before the International Investment Summit, building on the recommendations of the Harrington Review. See PM鈥檚 announcement .