The Cheshire and Warrington Local Enterprise Partnership has announced that it is currently the fourth most successful LEP in the UK in terms of jobs created per head as a result of foreign direct investment (FDI).
According to UKTI, the agency responsible for facilitating FDI, the number of new jobs created in Cheshire and Warrington as a result of inward investment projects has risen 85% year on year.
In 2014/15 1510 new jobs were created across some 23 individual investments. The Cheshire and Warrington LEP supported 78% of these projects, 39% of which were considered High Value and 26% Good Value – both well above the national average.
Ten projects emanated from the Americas, nine from EMEA and four from Asia, echoing a similar profile to 2013/14 and was in line with national trends. Existing investors in Cheshire and Warrington were responsible for 16 of the projects.