Strategy to increase investment into Solent region unveiled at Mipim event

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PLANS to boost UK and overseas investment in the Solent region were unveiled as Solent Local Enterprise Partnership (LEP) unveiled its new Inward Investment Strategy.

The document aims to lay out its aim for an action plan that the Solent can follow to increase inward investment in the region and was launched at the UK’s first Mipim property exhibition yesterday.

Solent LEP says a new strategy to attract investment in the area is vital if it is to fulfil its ambitious target of raising the region’s share of foreign direct investment projects entering the UK from two per cent to five per cent.

This would equate to the Solent bringing in an additional 68 projects per year.

Philippe Jouy, inward investment director at Solent LEP, said: ‘This strategy will be instrumental in helping us with our ambitious plans.

‘It gives us the framework that enables us to reach out to the world and tackle the challenges we face.

‘The region has huge potential for overseas investment, particularly with its strength in the marine and maritime industries.

‘There are three times more marine businesses here than anywhere else in the UK and the marine and maritime sectors support more than 3,000 businesses and 60,000 jobs locally.’