New foreign investments boost Northern Powerhouse

29 Jul 2015 01:08 AM

The Prime Minister and Business Secretary lead the first Northern Powerhouse trade mission to Singapore and Malaysia. 

The Prime Minister and Business Secretary Sajid Javid are leading the first Northern Powerhouse trade mission, taking 62 northern companies to Singapore and Malaysia, underlining the government’s commitment to the creation of a Northern Powerhouse. The delegation represents a total turnover in excess of £10 billion, with a combined workforce of over 50,000. The trip comes as Malaysian investor Petra Group announced that 90 highly skilled jobs will be created in the North following an investment in the region of £12 million. The company plans to develop a rubber recycling manufacturing facility using their patented technology to produce Green Rubber.

Yesterday (29 July 2015) in Singapore, the Prime Minister will met the Northern Powerhouse delegation at a Northern Powerhouse business event.

Prime Minister, David Cameron, said:

The government is committed to ensuring the UK’s northern regions play their part in rebalancing our economy. With so much untapped potential, I’m delighted to be part of this first Northern Powerhouse trade mission – the first of what I hope will be many.

Petra Group’s announcement that it will open its pioneering manufacturing to the North East of England, creating up to 90 jobs, is testament to the skills and expertise the North East has to offer.

Business Secretary Sajid Javid said:

Our long-term economic plan seeks to rebalance growth across the regions and nations of the UK, and building a Northern Powerhouse will be a key part of this. This mission – the first of its kind – will demonstrate the strength of the northern regions, which are home to some of the most innovative companies and institutions in the world.

Aiming to rebalance the economy and attract overseas investment, the Prime Minister and Business Secretary are leading the charge in establishing the North as a global powerhouse. Also in South East Asia are: the Minister for Trade and Investment, Lord Maude, and Minister for Small Business, Industry and Enterprise, Anna Soubry.

The Northern Powerhouse is also celebrating successes and business wins including:

Notes to editors

While in Singapore, the Secretary of State for Business will deliver a speech on ‘Growing Trade and Investment links between the UK and Singapore’. Delegates will hear strategies from a panel of experts on developing links between South East Asia and the North of England. In the latter half of the week, the delegation will travel to Malaysia to meet with some of the UK’s most significant investors in the Malaysian market and participate in workshops and networking opportunities.

Delegates on the trip represent companies and organisations including:

City Leaders
Greater Manchester Combined Authority
Manchester City Council
Leeds City Council

 

Trade Delegation
Arup
Association of Colleges
ATG Access
Benoy
Bentley Motors Ltd
Cambridge Dream Ltd
Concept Smoke Screen Ltd
Cygnet Group Ltd
Delamere Dairy Ltd
EA Technology Ltd
Eurodyne Ltd
Evans Vanodine International Plc
Flexcrete Technologies Ltd
Fuel Economy Solutions Ltd
Fusionex
FutureEverything
Geoquip Worldwide
Greater Manchester Chamber of Commerce
Inform People Ltd
John Lilley & Gillie Ltd
Kek-Gardner Ltd
KPMG LLP UK
Learning Curve Group
Liverpool Chamber of Commerce
Liverpool City College
M & I Materials Ltd
NCFE
Newcastle University
North East Chamber of Commerce
Pitman Training Group Ltd
P R Gibbs Ltd T/A Gibbs Investment
Proseal UK Ltd
Scorpion Automotive Ltd
Scott Safety
Sunde Technologies Ltd
Televic Education (UK)
Tithebarn Ltd
Turner & Townsend
Unilever
University of Bolton
University of Central Lancashire
University of Nottingham
University of Salford
University of Sheffield
Upskill People Ltd
Vernacare Ltd
Volcanic (UK) Ltd
West and North Yorkshire Chamber
William Hare Group Ltd
Wosskow Brown Solicitors LLP

 

Regeneration Investment Organisations
Leeds City Council
MIDAS – Manchester’s Inward Investment Agency
Foresight
Green Investment Bank
Macquarie
Transport for Greater Manchester
BNP Paribas
Gatehouse Bank
Legal & General Investment Management (LGIM)
KPMG LLP
Scarborough Group International
Sigma Capital
Urban Splash Group

Delegate locations:

From the North West
FutureEverything (Manchester)
Greater Manchester Chamber of Commerce
Transport for Greater Manchester
MIDAS – Manchester’s Inward Investment Agency
KPMG LLP UK (Manchester)
M & I Materials Ltd (Manchester)
Sigma Capital (Manchester)
Urban Splash Group (Manchester)
Sunde Technologies Ltd – (Manchester)
Televic Education (UK) – (Manchester)
University of Salford – Manchester
Inform People Ltd – North West (Manchester, Warrington)
Eurodyne Ltd (Lindale, Cumbria)
Evans Vanodine International Plc (Preston, Lancashire)
University of Central Lancashire – Preston
Flexcrete Technologies Ltd (Leyland, Lancashire)
Fuel Economy Solutions Ltd (Preston, Lancashire)
Scott Safety – North West (Skelmersdale, Lancashire)
P R Gibbs Ltd T/A Gibbs Investment – Bolton)
University of Bolton – Bolton
Vernacare Ltd – North West Bolton
Liverpool Chamber of Commerce
Liverpool City College
ATG Access (Haydock, Merseyside)
Unilever – North West (Merseyside)
Cygnet Group Ltd (Wincham, Cheshire)
Kek-Gardner Ltd (Macclesfield, Cheshire)
Delamere Dairy Ltd (Knutsford, Cheshire)
Upskill People Ltd – (Warrington, Cheshire)
Tithebarn Ltd – North West (Winsford, Cheshire)
Proseal UK Ltd – North West (Adlington, Cheshire)
Volcanic (UK) Ltd – North West (Stockport, Cheshire)
EA Technology Ltd (Capenhurst, Chester)
Bentley Motors Ltd (Crewe, Cheshire)
Cambridge Dream Ltd (Farndon, Chester)
Scorpion Automotive Ltd – North West (Chorley, Lancashire)
William Hare Group Ltd – North West (Bury)

 

From the North East
John Lilley & Gillie Ltd (North Shields Tyne and Wear)
NCFE (County Durham)
Learning Curve Group – North East (County Durham)
Newcastle University (Newcastle)
North East Chamber of Commerce (Newcastle)

 

From Yorkshire and the Humber
Fusionex (Sheffield)
University of Sheffield
Wosskow Brown Solicitors LLP – Yorks and Humber (Sheffield)
Pitman Training Group Ltd (Wetherby)
Concept Smoke Screen Ltd (Boston, Lincs)
Turner & Townsend – Yorks and Humber (Horsforth, Leeds)
Leeds City Council – Yorks and Humber (Leeds)
West and North Yorkshire Chamber – Yorks and Humber

 

From the East Midlands
Geoquip Worldwide (Little Eaton, Derbyshire)
University of Nottingham
Foresight – East Midlands Nottingham