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
1
2
Annual growth rates of real GVA, 2010-2016
3
4
West Midlands as the export capital of the UK 36,000 Exports (£m)
34,000
32,000 30,000
Share of GDP from export of goods:
28,000 26,000
West Midlands-24% London-8%
24,000
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
-100
-50
0 000’s
50
100
150
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
Events
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
Winners
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
Conventions
2019 & Beyond
Insight Led
Attracting Investment End-Occupiers
Attracting Investment Universities
Attracting Investment Visitor Economy
THANK YOU