A world class destination for FDI
22 May 2017
Kersten England Chief Executive of Bradford and Leeds City Region Enterprise Partnership (LEP) lead Chief Executive for Business, Innovation and Growth said:
“I’m delighted the results from the EY attractiveness survey show that Leeds City Region is the driving force behind a strong Yorkshire and the Humber performance - 70 percent of projects landed in Leeds City Region - and rated third in England."
“EY are not the first to recognise the momentum gathering in the Leeds City Region where we have:
- A growing GVA of £64.6bn, up from £61.4bn in 2013
- A workforce of 1.4million
- 230 hectares of Enterprise Zones with excellent connectivity
- Fastest rate of private sector jobs growth rate in the UK, at six per cent
- A transition to a knowledge-based economy at a faster rate than anywhere else
“It all contributes to the right conditions for FDI. Perform Group, US-owned digital sports content specialist featured in the EY report, invested in Leeds City Region because they found the “right attitude and the right location”.
“Not included in the report but further signifiers of momentum in the City Region economy include landmark investments in Leeds from FTSE-listed Burberry and Sky, and a commitment to opening a new facility in York by US-owned bio-pharm leader Covance.
“The future looks bright, our talent pipeline is strong made-up of digital natives, more under 16s than anywhere else and our under 21 population is growing. We have a strong collaborative LEP who has aligned our workforce strategy with the needs of employers ensuring digital skills match future business growth. With your help, we’re confident we can maintain this momentum.”