Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what steps his Department is taking to increase the number of Foreign Direct Investment projects in the West Midlands.
The Office for Investment (OfI) collaborates with stakeholders across the West Midlands to promote strategic foreign investment opportunities and to drive high-quality jobs growth in the region. Through a strategic initiative, the OfI provides funding to enable stakeholders to offer direct support to foreign investors looking to establish and expand their operations in the West Midlands.
The Regional Investment Summit 2025, will be held in the Autumn in the West Midlands, reinforcing the government’s priorities to drive sustainable economic growth, unlocking opportunity, creating high-quality jobs, and supporting innovation, across the West Midlands and all regions of the UK.