Exporting investment projects will boost Midlands, Oxfordshire & South West economies

By Nicky Godding

12 October 2020

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Data driven healthcare in Solihull, connected autonomous vehicle modelling in the Midlands and Oxfordshire, smart aviation in the South West and civil nuclear fusion in Oxfordshire have all been given a boost by the Department for International Trade designed to increase inward investment into the UK.

The government announced the second round of successful bids for the Government’s High Potential Opportunities (HPO) programme, which selects investment opportunities to promote to foreign investors, driving investment into the UK’s regions and nations.

19 new investment projects were selected in the second round of the programme, following bids from Local Enterprise Partnerships across the UK, Welsh Government and Scottish Enterprise.

All the projects will be showcased through the Department for International Trade’s global network – based in 177 cities around the world – which will contact investors to promote the projects.

International Trade Secretary Liz Truss said: "More investment will help to provide strong foundations for a robust economy in the years to come, boosting productivity and creating jobs, whilst demonstrating the crucial role that foreign investors from our key trading partners play in boosting our regional economies."

By Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.