March 2018

WARWICKSHIRE MEANS BUSINESS

CWLEP region recognised in the top ten in Europe

Coventry and Warwickshire’s strong economic performance has been placed in the top ten in Europe in three categories of awards at a major investment show.

The Coventry and Warwickshire Local Enterprise Partnership (CWLEP) area picked up three awards at the European Cities & Regions Of The Future Awards, organised by FDI Magazine.

The CWLEP area was placed fourth for economic potential, fifth for areas of the future and sixth for business friendliness at the awards held at MIPIM – the world’s largest property investment and development show.

Alongside recognition for the region, the city of Coventry also tasted success with three awards. Coventry was one of only two English cities, along with Bristol, named in the cities of the future category in the company of Zurich, Gothenburg and Bonn.

Arriving soon after the last month's news that Warwickshire is leading the country in terms of productivity growth, and Coventry recently being confirmed as UK City of Culture 2021, the recognition at MIPIM offers further proof of the strength and confidence of business in the county and region.

Warwickshire County Council deputy leader Peter Butlin said: said: “The Coventry & Warwickshire area has a huge amount of real strengths and a quickly growing and prospering economy.

"It is really pleasing to receive this sort of recognition, and we continue to work with our partners to shout about our success and put Coventry & Warwickshire ever more firmly on the map as an economic success story.”

Nick Abell, vice-chair of the CWLEP, said the progressive approach by the city and county had clearly been recognised.

“The CWLEP and all parties across Coventry and Warwickshire have worked very hard in recent years to ensure we make the most of the economic assets and potential that we undoubtedly had,” he said.

“That has involved presenting a strong case for investors, helping our existing companies toachieve their growth plans and working closely with our two universities to help drive forward our technical excellence.

“That combined determination and a willingness to work in partnership is clearly bearing fruit which is rewarding, but will just act as a reminder that more needs to be done and that we have plenty of more potential to fulfil.”

 

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