The Midlands region has recorded its highest number of foreign direct investment projects in the past decade, according to new research.
There has been an eight per cent increase in 2017 compared with the previous year – up from 130 to 140.
When comparing employment statistics, the Midlands Engine region secured the second highest number of jobs created from these foreign direct investments (FDI) (10,606 jobs) and marks the highest number of jobs secured in the region in a year over the last decade.
The region has increased the number of jobs secured in each of the last four years.
Simon O’Neill, managing partner at EY in the Midlands, said: “The Midlands Engine vision for growth is attractive on the international stage and it’s positive that we are seeing it translate into record levels of investment across a broad spectrum of sectors and importantly creating jobs.”
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