Economic zones set to bring £1.5bn into Birmingham

Birmingham’s new economic zones are expected to bring £1.5bn into the city and generate nearly 50,000 jobs by creating the right environment for enterprise, as announced today at the launch of the city’s Economic Zones Prospectus.

The event, which was held at Wragge & Co, brought together business figures from across the city to highlight how the zones will support one of the UK’s most ambitious inward investment strategies.

The six zones are said to align the city’s planning and economic priorities, creating the opportunity for new tailored space, facilities and support for sectors identified as having the greatest impact on attracting inward investment.

These are: business and professional services; creative and digital media; advanced manufacturing; life sciences; food and drink; and IT, electronics and communications.