The East Midlands area will help to showcase investment opportunities worth almost £10 billion at this year’s global property and real estate show MIPIM in the French city of Cannes, starting on 13th March.
More than 70 public and private sector partners, 10 Local Enterprise Partnership areas, and the Department for International Trade will represent the Midlands – the largest delegation Midlands UK has ever taken to the annual event.
The region will present details of the multi-billion pound portfolio to the exhibition’s 24,000 attendees, which will include potential investors, property agents, developers and media from more than 100 countries.
It is the second year that the Midlands region will work together to attract investment from around the world following a successful united presence at MIPIM 2017.
Destination attending MIPIM as part of the Midlands UK delegation include Birmingham, the Black Country, Coventry & Warwickshire, Derby & Derbyshire, Greater Lincolnshire, Leicester & Leicestershire, The Marches, Nottingham, Stoke-on-Trent & Staffordshire, UK Central Solihull, West Midlands Combined Authority, City of Wolverhampton and Worcestershire.
The region’s presence is being coordinated by the West Midlands Growth Company, with key partners including Birmingham Airport and East Midlands Airport, global car giant Jaguar Land Rover and the Midlands Enterprise Universities Group.
A 200m² dedicated Midlands UK pavilion will showcase the region’s investment portfolio, with separate sections for each destination partner, and an event space to host a programme of more than 50 events, including presentations, receptions and panel discussions.
Nick Pulley, Chair of the LLEP, said: “Leicester & Leicestershire is seeing a dynamic renaissance, which offers huge investment opportunities and there are a host of plans to make the most of these exciting prospects as part of the Midlands UK delegation. This year at MIPIM we’re putting the prosperous Ashton Green housing site in the spotlight, which has lots of partnership, funding and investment opportunities. Ashton Green has recently received £10 million of Government funding for highway infrastructure to unlock further development including 60 acres of employment land and the building of more than 3,000 new homes.
“We possess outstanding economic assets in Leicester and Leicestershire including; a truly vibrant city with a strong industrial and cultural heritage; two unique and inspiring Enterprise Zones; three world class universities delivering cutting edge innovation, research and design; a central location with the largest logistics distribution park in Europe and the UK’s second largest freight airport; and a strong and growing manufacturing sector that still forms the backbone of our economy. Our city and county is on the crest of a wave and regeneration plans are moving forward at pace with a number of key schemes already underway or in the pipeline and that’s why we’re excited to support Team Leicester and have a presence at MIPIM 2018.”
Team Leicester’s current sponsors include: Brackley Property Developments, Building Services Design, Built Environment Consulting, CEG Group, Couch Perry & Wilkes, Edward Cooper Young Chartered Surveyors, Freeths, Innes England, Leicester City Council, MDA Consulting, Morgan Sindall Construction & Infrastructure, Pick Everard, Curtins, East Midlands Airport, Abode, Mather Jamie, ProCon Leicestershire, Godwin Developments, Westleigh Developments, MIRA, RG+P, TMDP Group, Loughborough University and Weightmans.
Rob McGuinn, chair of Team Leicester said: “Once again, we have a strong Team Leicester line-up of private and public sector organisations which will be working in collaboration to raise the region’s profile as well as bring forward key developments.
“The Midlands delegation is a showcase of all the Midlands has to offer under one roof at MIPIM and is a great way to promote Leicestershire and its businesses to the world. The pavilion offers high quality events, speakers, profile and presence and our sponsors will absolutely be part of that.”
Sir John Peace, chairman of the Midlands Engine, said: “The Midlands UK delegation will show the world that the region is open for business. We are confident about the future and are ready to build on the Midlands commercial and trading history.
“Where else can you find one of the fastest growing regions in the world, sitting at the heart of one of the world’s largest economies, with a bed of skills and infrastructure in which to grow your business.
“By working together, Midlands UK will promote the region to investors and trade partners – delivering more growth, exports, jobs, and a better quality of life for those living in the region.”
The Midlands UK area has a population of 10 million people – 15.4% of the UK – and an economy worth more than £200 billion economy. Last year, the Midlands UK region attracted 225 foreign direct investment projects, creating over 8,300 new jobs.