Foreign Investment in UK: Staffordshire
The question
To ask the Secretary of State for Business and Trade, what steps he has taken to increase international investment in (a) Newcastle-under-Lyme constituency and (b) Staffordshire.
Answered by Sarah Jones
The Department for Business and Trade network work with local stakeholders to promote investment opportunities in the region to investors wishing to set up in the area. We work with clients to understand their requirements and to reduce barriers which inform the client’s decision to locate in the region.
The funding of a Key Account Management programme is a strategic initiative designed to support FDI by strengthening relationships with existing foreign investors in the Midlands regions. It directs FDI support to businesses playing a crucial role in regional economies, helping foster a conducive environment for businesses to thrive, expand and nurture relationships with investors.
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