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Dr Liam Fox launches global investment drive, bringing more than £1.8 billion to Manchester

17 May 2018

Categories: Latest News

International Trade Secretary Dr Liam Fox launches a new drive to attract more than £30 billion of investment to 68 projects including five in Greater Manchester.

The Department for International Trade (DIT) is promoting 68 UK investment projects worth more than £30 billion to overseas investors. Five of these projects are based in Greater Manchester and are worth more than £1.8 billion.  Dr Fox will also extend the highly successful High Potential Opportunites Scheme piloted in Greater Manchester.highlighting strength’s in graphene based lightweight materials, as well as Doncaster and Telford.

Dr Liam Fox, International Trade Secretary and President of the Board of Trade, said:

“This is a bold and ambitious programme, building on the UK’s position as the leading destination for foreign investment in Europe through the government’s modern Industrial Strategy, helping to build a Britain fit for the future.

The High Potential Opportunities scheme will deliver growth where it is most needed, ensuring that the benefits of global investment are felt in every part of the country.

And with more than £30 billion worth of new opportunities, my international economic department’s overseas network is working hard to attract top investors to the UK.”

The five projects within Greater Manchester are:

  • Trafford Waters, Manchester, £1,000 million
  • MediaCityUK, Manchester, £300 million
  • Property Alliance Group Portfolio, Manchester, £300 million
  • Stockport Exchange, Stockport, £140 million
  • Future Carrington, Manchester, £100 million

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