Foreign Investment in UK: Essex
The question
To ask the Secretary of State for Business and Trade, what steps his Department is taking to support local authorities in Essex to deliver place-based foreign direct investment strategies in line with the Harrington Review recommendations.
Answered by Sarah Jones
The Department for Business and Trade (DBT) promotes investment across the UK. At the International Investment Summit, we announced a major overhaul of how DBT will implement the Harrington Review - strengthening the Office for Investment (OfI) and aligning government efforts under a single strategic delivery plan.
We have established an expanded OfI at the heart of government to reduce duplication, offer a clearer 'single door' for investors, and increase our influence on regulation and policy across HMG. We continue working with local partners, including Essex Council, to support and showcase investment opportunities aligned with industrial and infrastructure strategies to global investors.
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