Sheffield City Region boosted by inward investment

Posted on 20 Jul 2019 and read 529 times
Sheffield City Region boosted by inward investmentMore than 3,000 new jobs were created in the Sheffield City Region last year through domestic and foreign direct
investment (FDI).

About two thirds of those jobs were created through 130 domestic investment projects, while a total of 1,010 new jobs were created through 40 FDI projects.

The 2018/19 figures are broadly similar to the previous financial year, when 3,857 new jobs were created through 152 different projects.

Dan Jarvis, Mayor of the Sheffield City Region, said: “It’s good to see continued job creation and inward investment here in the Sheffield City Region.

"With high-profile investments from companies such as McLaren and Boeing in recent years, increasing opportunities for cutting-edge collaborations between our world-leading universities and businesses, plus an ambitious plan to improve our transport network, our region is an increasingly attractive place to live, work and invest.”

CBI Yorkshire and Humber director Beckie Hart said: “These figures show that the Sheffield City Region remains extremely attractive to investors; it is a hub for technology, research and innovation.

"I look forward to continuing to work closely with Mayor Jarvis, as he drives forward his economic vision to help unlock more jobs, investment and prosperity for the region as a whole.”

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