Region’s automotive sector sees 10% hike in foreign investment
The Midlands’ automotive sector has seen a 10% increase in the number of foreign direct investments in its motor automotive industry, according to new figures.
Figures released by automotive inward investment body Drive Midlands ahead of the Automechanika trade show at the NEC, show the critically-important sector attracted 58 new FDIs during 2016/17.
The new projects, which involved investors from the US, India and China, helped to generate almost 3,000 new jobs across the Midlands.
The figures reaffirm that the automotive... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
