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9 months ago

MIPIM Investment Prospectus

CONTENTS 3 Welcome 4 An

CONTENTS 3 Welcome 4 An outstanding place to invest 6 Location 10 Constellation 12 Cheshire Science Corridor Enterprise Zone 16 Partners CHESHIRE & WARRINGTON OUTSTANDING

CHESHIRE AND WARRINGTON IS AN OUTSTANDING ECONOMY, WITH OUTSTANDING OPPORTUNITIES... Home to one of the strongest and fastest growing economies in the country, we are one of the best place to invest in the UK. Our economy is going from strength to strength. We have the second highest GVA per head in England, delivering 20% more output per person than the UK average, and produce 25% of the North West’s manufacturing output. At our current rate of growth, we are set to overtake Liverpool and Lancashire to become the second biggest economy in the North West, and the third biggest sub-regional economy in the North. We have a wealth of exciting investment opportunities including the Cheshire Science Corridor, HS2, Warrington New City and the Mersey Dee Economic Alliance. The Cheshire Science Corridor is home to nationally significant assets including a European centre for nuclear engineering consultancies, Jodrell Bank, home to the world’s biggest science experiment, and the UK’s largest chemical engineering cluster. The arrival of HS2 in Crewe brings with it huge opportunities for investors, in what will be the best connected place in the UK when the Crewe Hub is complete. This is a game changing investment that will make Crewe the only place in the country that will be less than 30 minutes away by train from Manchester, Liverpool and Birmingham, and less than an hour away from London. It brings with it an unbeatable growth opportunity for investors across the Constellation Partnership area of South Cheshire, Stoke-on-Trent and North Staffordshire. The planned Northern Powerhouse Rail will reinforce Warrington as one of the best connected economies in the UK. The Warrington New City Programme will see the delivery of major new development areas and investment opportunities, building upon Warrington’s track record as one of the UK’s most successful places. The Mersey Dee area, at a pivotal location linking the Northern Powerhouse and North Wales, already generates £22 billion in economic output per year and has exciting plans for growth. Forty per cent of the area’s working age population is qualified to degree level or above, with 15 universities within a 30 mile radius and 200,000 students. These high level skills are reflected in the region’s employment rate, which is almost 4% higher than the UK average. Together with excellent housing, schools, leisure facilities and culture, Cheshire and Warrington is one of the most desirable areas in the country to live, work and invest. From Chester’s history, architecture and unique culture, to our vibrant and thriving towns close to our main centres such as Macclesfield, Northwich and Crewe, there has never been a better time to invest in our outstanding region. Christine Gaskell MBE Chair, Cheshire and Warrington Local Enterprise Partnership 3