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Annual Review 2018

Neil Rami Chief Executive West Midlands Growth Company

Annual Review Economic Review Regional Developments Strategic Developments

Operational Performance 2019 & beyond

West Midlands economy is growing strongly London West Midlands East of England Wales South East Scotland East Midlands South West Northern‌ North West Yorkshire and‌ North East 0



Annual growth rates of real GVA, 2010-2016



West Midlands as the export capital of the UK 36,000 Exports (£m)


32,000 30,000

Share of GDP from export of goods:

28,000 26,000

West Midlands-24% London-8%


22,000 20,000 2015 2016 2016 2016 2016 2017 2017 2017 2017 2018 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

‌and the top region for Foreign Direct Investment FDI Projects by UK Region - New Jobs (2017/2018)

18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 London

West Midlands

South East

Yorkshire East and The Midlands Humber Source: Department of International Trade (2018)

North West

South West

North East

East of England

More jobs created than any other UK region London West Midlands Wales North East North West East South West East Midlands Yorkshire and The Humber Northern Ireland Scotland South East Source: Office for National Statistics



0 000’s




Our Quality of Life

The West Midlands provides an excellent quality of life at the geographic and economic centre of the UK. People choose the West Midlands due to the housing, connectivity, culture, food, shopping and education.

Regional Developments

Coventry UK City of Culture 2021

UK City of Culture

Commonwealth Games

West Midlands to become UK’s first large-scale 5G testbed

HS2 New Station Design

Construction and Development HS2 New Station designs Construction started at Curzon Street Image of Andy Street and Chris Grayling Digging

Regional Development


New Travel Routes

Strategic Developments

WMCA - A Trailblazer for Local Industrial Strategy

Local Industrial Strategy

Our plan is to drive growth and productivity whilst improving outcomes for all our communities, businesses and residents.

Regional Branding

Regional Branding

Universities Economic Powerhouses

6 Universities and world-class research institutions produce 52,000 graduates a year

Operational Performance

WMCA Investment Prospectus

Investment Roadshows

London Investment Event

Sales missions

SXSW 2018 HS2 Event with German Rail Suppliers Croatia Tech Innotrans Berlin Mobile World Congress

Accessing Target Markets

Inward Investment Projects

WMGC involved in 47 inward investment projects generating 4,368 new jobs

Inward Investment Projects Business and Professional Services

Inward Investment Projects Tech and Life Sciences

Channel 4

Channel 4 and the Creative sector WMGeneration

Mercian Studios

Public Sector Relocations

Inward Investment Awards

Award for ‘Aftercare’

Award for ‘Soft landing’

Strategy Awards 2018


Award for ‘Infrastructure as FDI Catalyst’

Award for ‘Project Wins’

Commercial Partnership

Commercial Partnership

Working with Visit Britain

Visitor Economy

New Visit Birmingham Website

#WMExperiences Campaign


2019 & Beyond

Insight Led

Attracting Investment End-Occupiers

Attracting Investment Universities

Attracting Investment Visitor Economy


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