Wouter Schuitemaker Investment Director
description
Transcript of Wouter Schuitemaker Investment Director
Wouter SchuitemakerInvestment Director
businessbirmingham.com
businessbirmingham.com
European FDI
Destination City 2008 - 2012
Birmingham 11,917Belfast 7,694Manchester 7,638Edinburgh 6,710Liverpool 5,270Glasgow 5,108Leeds 3,728Bristol 3,558
Jobs createdFDI projects into Europe
Investment Performance
Overall, investment
across Europe has fallen
2.7% increase in foreign-backed UK
projects
52% increase
in FDI projects in
Birmingham
UK regions (outside of
London) have seen a
decrease in FDI projects
More capital
investment and job creation
than past 25 years
Exports are good for Investment
Value of UK exports
increased by £0.5bn from April 2012-13
West Midlands exported over
£20bn worth of goods in 2012
UK regions (outside of
London) have seen a
decrease in FDI projects
Strong international demand for advanced manufacturing products from the region – automotive in particular
Countries engaging in exporting are attracting higher levels of inward investment
Many of most successful exports – such as JLR and MG Motor UK – are backed by foreign companies
Boosting international trade is crucial to raising the profile of the UK as a global investment destination
Post Regional Development Agency Challenges
Low budget for FDI and narrow policy mandate
Cross-over of target sectors
Centralised National FDI pipeline to UKTI
Development of local offer propositions and comparative advantage
Supporting Local Delivery Partner on local issues (planning, site finding and utilities)
Business Birmingham FDI Strategy
Sector Focus
Spatial Planning & FDI linkages
Site Propositions
Promotion of broader geography
International outreach
Links to UKTI Trade activity
Incentives
businessbirmingham.com
Sector roadmap
Source: PA Analysis
Global powerhouse
Quality over quantityCreating the buzz
Economic impact (short to medium term)Higher
Lower
Inward
Sour
ce o
f inv
estm
ent o
ppor
tuni
ties
Indi
geno
us
Digital media
Business & professional
services Advanced engineering
(auto)
Auto Supply Chain
ICTFood & drink
Logistics
Medtech
Low carbon technologies
Bio-pharma research
Financial services
Built to last
marketingbirmingham.com
Pipeline 13/14 – source channelsProjects by source Jobs by source
UKTI
AgencyBB
BCC
CPBB
CP
Agency
BCCUKTI
Telephone
OtherOther multiplier
Intelligence
Birmingham Office Market Forum
Other
Other multiplier
Other
businessbirmingham.com
Economic Zone Development Opportunity for up to 50,000sqm of new
floorspace for companies in areas of R&D, clinical trials and pharmaceutical manufacturing Creation of economic zones to fast track and expedite projects quickly
Simplified planning
Access to finance
Gap funding
Business development programmes
Tailored training and recruitment packages
businessbirmingham.com
City Centre Enterprise Zone
26 sites across nearly 70 hectares of Birmingham city centre Financial and Professional Services Creative and Digital Media 700,000 sqm of new office floorspace 600,000 sqm of new leisure, recreation and commercial floorspace
Partnerships
Memorandum of Understanding (MoU) with UK Trade & Investment (UKTI)
Main point of contact for inward investment on behalf of Black Country and Solihull – building a stronger proposition
Birmingham’s international profile is growing, and with the support of partners across the Black Country and Solihull, we have an opportunity to extend this further, bringing benefits to a wider sway of this part of the world.
Some areas within the GBSLEP have their own clear identity and branding and we use the most relevant in appropriate markets.
Being aligned to the city will bring value and we work with the GBSLEP, local authorities and partners across the wider region to realise those benefits.
Business Birmingham – FDI pipeline
businessbirmingham.com
Business Birmingham active projectspipeline as per May 2013
14%
7%
5%
5%
3%
5%
4%
8%
4%
Birmingham active projects – by sector
Business Professionaland Financial Services
13.2%Advanced
Engineering
31.6%
Food and Drink
10.5%
Life Sciences
6.6%
ITEC
22.4%
DigitalMedia
2.6%
Pipeline as of June 2013
Sector composition(based project numbers)
SME Fast Track – available to small to medium enterprises operating within the ERDF Priority 3 areas of Birmingham and the Black Country.
Mobile Investment Fund (MIF) – £2,000 per job for larger overseas investments
Business Development – £8m Business Development Programme, which provides grant awards between £10,000 and £15,000 representing 45% of eligible project costs.
Training and Recruitment – Birmingham Jobs Fund for employing a young Birmingham person aged 16-24 includes grants of up to £4,550 per person
Simplified Planning – Local Development Order (LDO) in place to speed up major planning application decisions.
Innovative funding initiatives
Questions