Our Plan for Developing the West Midlands. Andy Street Mayor of the West Midlands

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Transcription:

Our Plan for Developing the West Midlands Andy Street Mayor of the West Midlands

Developing the West Midlands A regional renaissance Our plan for growth Major investment opportunities

Leading the first Industrial Revolution

Falling behind Indices of employment since 1971 in Birmingham and the UK

Experiencing a Renaissance

West Midlands economy growing strongly West Midlands

Exports ( m) West Midlands as the export capital of the UK 36,000 34,000 32,000 30,000 28,000 26,000 24,000 22,000 20,000 2015 Q4 2016 Q1 2016 Q2 2016 Q3 2016 Q4 2017 Q1 Share of GDP from export of goods: 2017 Q2 West Midlands 24% London 8% 2017 Q3 2017 Q4 2018 Q1

and the top region for Foreign Direct Investment

More jobs created than any other UK region West Midland s

But challenges like air quality remain

The challenge for our High Streets and local centres

The challenge of youth unemployment, which remains stubborn at around 12,000 35,00 0 30,00 0 25,00 0 20,00 0 15,00 0 10,00 0 5,000 0 2013 2014 2015 2016 2017 2018

Rebuilding our international reputation

Rebuilding our international reputation

Global investment in sport "We are absolutely thrilled to partner Wolves this partnership is a major step for us in expanding our global footprint and we look forward to working with the club to engage the fans and supporters of Wolves, both in the UK and worldwide. Fosun

Developing the West Midlands A regional renaissance Our plan for growth Major investment opportunities

Industrial Strategy: supporting our world-class business sectors Advanced manufacturing 1 Life sciences Professional services Digital & Creative Construction 3 Logistics / transport technology Low carbon technology 4 Housing Skills Connectivity / Access to markets 5 Quality of life Transport

Industrial Strategy: supporting our world-class business sectors

With digital as the golden thread Advanced manufacturing 1 Life sciences Professional services Digital & Creative Construction 3 Logistics / transport technology Low carbon technology 4 Housing Skills Connectivity / Access to markets 5 Quality of life Transport

Our recent 5G success

Budget 2018 Our New CAV Centre at WMG

Huge transport investment

HS2 London- Birmingham in 49 minutes Birmingham

We are beginning work on our new stations

We are beginning work on our new stations

Before

After a single integrated transport network

Transport routes against Index of Multiple Deprivation

Our Skills Deal

We ve launched a new Construction Training Fund

Retraining our workforce in Digital

New Brownfield Research & Innovation Centre

Strong Higher Education Institutions supporting our Cutting Edge Sectors

Securing a 350M Housing Deal with Government

215k new homes by 2030

We are building more homes Homes started in the West Midlands (2012-17) WMCA TOTAL

Brownfield remediation is already underway

Developing the West Midlands A regional renaissance Our plan for growth Major investment opportunities

Our Investment Prospectus

Commercial projects under construction Paradise Sponsor: Hermes & Birmingham City Council Commonwealth Games Athlete s Village Sponsor: Birmingham City Council and Homes England Friargate, Coventry Sponsor: Friargate LLP

Midlands Metro

Canalside and Interchange, Wolverhampton City Centre

MIRA Southern Manufacturing Sector

Birmingham Life Sciences Park

Birmingham Curzon

Final reflection