Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what steps her Department is taking to increase foreign direct investment into (a) Solihull constituency and (b) England.
The Department for International Trade’s regional teams engage with Metro Mayors, local enterprise partnerships (LEPs), local authorities, and our overseas network to promote Foreign Direct Investment (FDI) in England, supporting 925 single site projects and creating 28,012 new jobs in 2020-21.
The Department leads several activities promoting FDI across the UK through mechanisms such as the Investment Atlas, our High Potential Opportunities Programme, and the GREAT global trade campaign.
We continue to promote Solihull’s investment capabilities through schemes such as Arden Cross. This is one of the UK’s largest development projects, which will be crucial to the Government’s levelling up agenda.