The Midlands automotive sector is set to receive a £45 million boost, creating thousands more high-skill jobs for the region, the Department for Business Energy and Industrial Strategy (BEIS) has announced.
£35 million in government investment, as well as an additional £10.5 million from local organisations, will be dedicated to a new automotive business zone in Whitley, near Coventry, which is set to become home to nearly 3,000 new -skilled engineering and advanced manufacturing jobs.
This new investment will also improve local industrial transport links, including a new bridge to connect Whitley South to Jaguar Land Rover’s engineering centre and Global Head Quarters, already located in the region.
Business and Energy Secretary, Greg Clark, said, “Our world-class auto sector is leading the way and this new development will create thousands more skilled jobs. It shows how private and public sector can work together to make a difference to the economy.”
For more information on investment in the UK Automotive Industry visit www.smmt.co.uk/industry-topics/uk-automotive/investment/.
