Worcestershire Local Enterprise Partnership has been ranked as one of England’s top ten Local Enterprise Partnerships in terms of its Foreign Direct Investment Strategy.
Extensive research conducted by the fDi Intelligence division of the Financial Times collected the data as part of its ‘European Cities and Regions of the Future 2014/15’ report. Survey information was gathered from the LEPs on Foreign Direct Investment (FDI) strategy. LEP regions submitted details about their strategy which was then scored by the fDi’s judging panel. Worcestershire was ranked 9th, just ahead of the Black Country LEP. The top ranking LEP was Sheffield City Region whilst Stoke & Staffordshire LEP was placed third.
A ceremony to present the awards for top performing LEPs, and those for European Cities and Regions of the Future 2014/15, will take place at the MIPIM property event in Cannes, France on 12 March.
Gary Woodman, Executive Director at Worcestershire LEP, says: “Unfortunately, we are unable to attend the presentation ceremony in France, but we are nevertheless delighted to have been recognised by fDi Intelligence’s prestigious judging panel.”
He continues: “Worcestershire LEP has developed a detailed strategy to attract inward investment to the county – including from foreign investors. We are now in the throes of implementing that plan. Awards such as this one from fDi Intelligence help us to raise our profile and therefore help to attract additional overseas investment to our great county.”