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Built in the Black Country - Sold Around The World. 21 st June 2013 Wayne Langford West Midlands Economic Forum Enterprise, Innovation and Growth Seminar. Key Points. A Black Country Overview Investment in the Black Country – Current Strengths Future Priorities.
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Built in the Black Country - Sold Around The World 21st June 2013 Wayne Langford West Midlands Economic Forum Enterprise, Innovation and Growth Seminar
Key Points • A Black Country Overview • Investment in the Black Country – Current Strengths • Future Priorities
A Black Country Overview • The Place • 360 km2 • 5,400 hectares open, public, green space • The People • Population of 1.1m • 440,000 households • Diverse population • GCSE performance rising fast • Business • 36,000 businesses generate £17bn of GVA • 437,000 employees • It’s a FEG!
Investment in the Black Country • What does it do – Quantity • What does it do - Quality
Black Country - England’s LARGEST HVM Cluster & Global Supplier of Unique Products
Black Country - England’s LARGEST HVM Cluster & Global Supplier of Unique Products 90,000 Jobs 5,000 Businesses • £3.1bn UK GVA
Investment in the Black Country 80% 36%
The Black Country – A Unique Supply Chain Opportunity USA Europe Asia
Investment in the Black Country • Future Priorities • City Deal • Enterprise Zone • Telling the World!
Black Country City Deal£367M £277M Black Country Private Sector + £90M BC LA’s To Deliver 4 Elements:
Enterprise Zone • 4,000 jobs; • 100% capital allowances • Working with Stoke and Staffs LEP • Skills Planning
Telling the World • 48% of Black Country companies are foreign owned • Dominant ownership is USA and Germany • Supporting evidence
Built in the Black Country - Sold around The WorldRight Place. Right Time.