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SCR Celebrates Increase In Foreign Investment

posted 9 Aug 2013, 05:14 by RiDO Rotherham   [ updated 9 Aug 2013, 05:14 ]
The Sheffield City Region has seen an exceptional rise in foreign direct investments in the past year seeing a 271% increase which is the biggest rise in the UK in 2013.  A total of 26 companies have invested in the region resulting in 631 new jobs and 3099 safeguarded jobs.

James Newman, Sheffield City Region Local Enterprise Partnership (SCR LEP) chairman said:
“I am delighted at the substantial improvement in inward investment successes over the last year in our region.

“I congratulate the talented Economic Development teams of our Local Authorities for turning these projects into live successes on the ground. It is vital we continue to grow our business base and increase job numbers to ensure our local economy keeps growing.”

Martin Kimber, Chief Executive of Rotherham Borough Council commented:
“It is a credit to the Local Authority teams who landed these investments. I am delighted at this increase and look forward to seeing them prosper in SCR.”

 Ellen Cutler, SCR Director of Inward Investment added:
 “The region has much to offer the foreign investor; incredible R & D facilities, an established supply chain, the number 1 Enterprise Zone in the UK for modern manufacturing, strong expertise in a variety of sectors and universities producing a highly skilled workforce.