Foreign Investment in UK: North West
The question
To ask the Secretary of State for Business and Trade, what steps his Department is taking to encourage foreign direct investment in the North West region.
Answered by Chris McDonald
The Department actively promotes foreign direct investment into the North West through the Office for Investment, which works closely with regional stakeholders to identify, shape and market regional opportunities.
The Government has placed the North West at the centre of its Northern Growth Strategy and Industrial Strategy, using large public investments to attract private capital. This includes a multi‑billion‑pound investment in Northern Powerhouse Rail (including a new Liverpool – Manchester line via Manchester Airport and Warrington), as well as targeted investments such as the new Digital Campus in Manchester and the National Cryogenics Facility in Cheshire (Liverpool City Region), positioning the North West as a global quantum technologies hub.
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