Speaking in Stirling, International Trade Secretary Liam Fox launched an “online, one-stop shop”: a global investment website – invest.great.gov.uk – to promote, initially, 68 projects in a bid to attract foreign direct investment.

Boosting inward investment in the UK

Dr Fox also announced the High Potential Opportunities (HPO) scheme, successfully piloted in Doncaster’s rail industry, Telford’s agri-tech sector and Greater Manchester’s innovative graphene-based lightweight materials sector, would be extended to new industries across the UK.The HPO will now take applications from business organisations, local enterprise partnerships and councils from across the UK. In the first phase, more than 20 new sectors and areas of the UK will benefit from a boost in investment.“This is a bold and ambitious programme, building on the UK’s position as the leading destination for foreign investment in Europe through the government’s modern Industrial Strategy, helping to build a Britain fit for the future,” said Dr Fox.“The High Potential Opportunities scheme will deliver growth where it is most needed, ensuring that the benefits of global investment are felt in every part of the country.“And with more than £30 billion worth of new opportunities, my international economic department’s overseas network is working hard to attract top investors to the UK.”

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Cataloguing British projects

The new website is designed to be an online catalogue of British projects where global investors will be able to find and research potential targets for investment. More projects, in addition to the initial 68, are expected to be added in the coming months.Carolyn Fairbairn, director-general of the Confederation of British Industry, welcomed the initiative. “The UK has a strong standing when it comes to attracting investment to these shores. That investment leads to real, tangible benefits for people and communities – more jobs, prosperity and choice,” she said.“The International Trade Department’s drive to attract billions of pounds worth of investment to projects in each corner of the country is warmly welcomed by firms.“The new online catalogue of British projects for global investors to find and research will also be a vital tool to attracting even more capital to the UK, enabling the benefits of free trade and investment to flow into our communities.”For related news and features, visit our Enterprise section. Relocate’s new Global Mobility Toolkit provides free information, practical advice and support for HR, global mobility managers and global teams operating overseas.Access hundreds of global services and suppliers in our Online Directory 

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