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Birmingham celebrates £100m investment boost

US company Knighthead has invested £100 million into East Birmingham, showing how the Government’s Plan for Change is boosting jobs and opportunities in the West Midlands.

Companhia americana Knighthead investiu £ 100 milhões em East Birmingham, mostrando como o plano de mudança do governo está aumentando empregos e oportunidades em West Midlands. O investimento abrirá o caminho para um novo estádio de 60.000 lugares, ao lado de um campus esportivo de instalações de treinamento, uma nova academia e arremessos comunitários. Além do esporte, os planos do campus também incluem desenvolvimento de lazer, comercial e residencial.  

The new site is estimated to create 8,400 new jobs annually in Birmingham while also supporting the wider city and West Midlands. The investment will pave the way for a new 60,000-seater stadium alongside a sports campus of training facilities, a new academy, and community pitches. Beyond sport, the campus plans also include leisure, commercial, and residential development.

Business Secretary Jonathan Reynolds will visit the site and learn about how the new Sports Quarter and surrounding area is projected to provide £370 million in growth each year.  

Garantir o investimento é central para a missão do governo de oferecer crescimento econômico que criará empregos, melhorará os padrões de vida e tornará as comunidades e famílias em todo o país melhor como parte de nosso plano de mudança. Bockets da comunidade local aqui em East Birmingham. O West Midlands atraiu mais de 130 projetos de investimento direto estrangeiro no ano até março de 2024, criando 7.581 empregos. Facilitar investimentos como esse é fundamental para atingir esse objetivo. O investimento beneficiava diretamente os residentes de Birmingham e a região em geral. ”

Business and Trade Secretary Jonathan Reynolds said: “The West Midlands is a powerhouse for investment, and this project will not only play a vital role in bringing thousands of new jobs into the area but will put more money into the pockets of the local community here in East Birmingham.

Seeing global investors put billions in the UK economy shows the Plan for Change is working, with more and more companies choosing Britain. This is another vote of confidence in our plans to deliver growth that supports skilled jobs and raises living standards across the country.”

This is the latest in a series of investment projects into the West Midlands, as the region continues to be a powerhouse for investment. The West Midlands attracted over 130 Foreign Direct Investment Projects in the year to March 2024, creating 7,581 jobs.

Unleashing the full potential of the UK’s cities and regions is a core objective of the government’s Industrial Strategy. Facilitating investments like this is central to achieving this goal.

Secretary of State for Culture, Media and Sport, Lisa Nandy said: “The Birmingham Sports Quarter is an exciting venture that highlights how sport can be an important driver for regeneration and growth.

Across the divisions, our professional football clubs are vital community assets at the heart of towns and cities around the country, so it is fantastic to see investment directly benefiting residents of Birmingham and the wider region.”

O investimento continua a fluir para o setor esportivo do Reino Unido em um nível sem precedentes. O Reino Unido é um destino atraente para investidores que visam capitalizar diversos fluxos de receita e perspectivas de crescimento a longo prazo. Investment Baroness Gustafsson Obe em um gol, a conferência anual de investimentos esportivos do governo. O Departamento de Negócios e Comércio continua apoiando o investimento institucional transformacional em esportes e comunidades locais do Reino Unido.

The commercial attractiveness of the UK sports sector is underpinned by both legacy and heritage and its position at the cutting edge of innovative subsectors such as sports-tech and women’s sports.

The Business Secretary’s visit comes after Birmingham City Football Club’s Chairman Tom Wagner’s meeting with Minister for Investment Baroness Gustafsson OBE at One Goal, the government’s annual sports investment conference. The Department for Business and Trade continues to support transformational institutional investment into UK sport and local communities.

O co-fundador da Knighthead & Presidente do clube de futebol de Birmingham City, Tom Wagner, disse: “Birmingham e West Midlands têm um enorme potencial inexplorado de crescimento, e pretendemos aproveitar essa oportunidade. Com o apoio do governo, o trimestre esportivo pode ser um catalisador para a regeneração, transformar as perspectivas de pessoas de uma das idéias mais pobres. Globe. ” Boost. Fundamentos da economia do Reino Unido, implementando medidas para apoiar a estabilidade econômica e fiscal e o investimento a longo prazo na infraestrutura nacional. Reino Unido, impulsionando o investimento para a economia e a estabilidade do arco hardwire para os investidores, dando -lhes a confiança para planejar não apenas para o próximo ano, mas pelos próximos 10 anos e além.

Richard Parker, Mayor of the West Midlands, said: “This investment is a huge vote of confidence in Birmingham and the West Midlands. It was made possible by strong partnerships with Knighthead and others committed to our region’s growth.

We’ve worked to create the perfect conditions to attract investment, and this will bring thousands of jobs, new opportunities, and a major economic boost.

Working with Tom Wagner and Knighthead, we’ll unlock our region’s full potential – delivering the Sports Quarter and lasting change for the region.”

The announcement comes after the Chancellor vowed to go further and faster to kickstart economic growth last week, as the government wants to help put more money in people’s pockets.

The Budget in the Autumn fixed the foundations of the UK’s economy by putting in place measures to support economic and fiscal stability and long-term investment in national infrastructure.

Securing investment is central to the government’s mission to deliver economic growth which will create jobs, improve living standards, and make communities and families across the country better off as part of our Plan for Change.

The government’s new modern Industrial Strategy will deliver long-term, sustainable, inclusive growth right across the UK by driving investment into the economy and hardwire stability for investors, giving them the confidence to plan not just for the next year, but for the next 10 years and beyond.

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