LIVERPOOL AND MANCHESTER NAMED 10TH TOP GLOBAL FDI DESTINATION
The IBM Global Locations Trends Report had listed the combined metropolitan areas of Liverpool and Manchester as the world’s tenth top ranking area for FDI.
The report, published today, ranked areas by the number of foreign direct investment projects and the jobs they generated.
From 2016 to 2017 Liverpool and Manchester secured 68 major investment projects, creating more than 7,000 jobs. The city regions ranked higher than Dublin, Shanghai and Barcelona.
Max Steinberg, chief executive of Liverpool Vision, said: “This report proves what we see every day: businesses want to invest in the Liverpool City Region. Foreign investment comes in many forms, such as bio-manufacturing firms in Speke, high-performance computing and big data at Sci-Tech Daresbury and our exceptionally strong health and life sciences sector.
“It’s particularly encouraging that so much of this investment is into future-facing businesses, which are undertaking truly cutting-edge work. These are the businesses which will continue to grow, and provide more jobs in the city region. Together with Manchester, it underlines the strength and breadth of the Northern Powerhouse and paints an extremely positive picture for the whole of the UK.”
The annual report is produced by multi-national technology company IMB to examine global factors driving foreign direct investment and impacting economic growth around the world. To read the full report click HERE.