Still, Michael Boyd the Manging Director of the UKTI (UK Trade and Investment) reported in his summary of the 2014/15 Inward FDI report
We helped to secure over £13 billion commitments for funding essential infrastructure and regeneration projects across various parts of the UK.
Below are a few of the projects highlighted in the report. Out of 13 in total highlighted, 5 were from China and Japan, 1 from Israel and 5 from the US and 2 from the EU.
Geely – London Taxi Company
The Prime Minister, the Mayor of London and the Trade and Investment Minister visited the London Taxi Company in March 2015 for the announcement of a £250 million investment in a new research, development and assembly facility to produce a new generation of revolutionary ultra-low emission London taxis. Supported by the UK government’s Regional Growth Fund, this ground-breaking investment by the Chinese owners of the London Taxi Company, Geely, is the first green-field investment of its kind in the UK by a Chinese automotive company. Up to 1,000 new jobs will be created at the Ansty Park site, which will eventually have the capacity to assemble up to 36,000 vehicles a year. In addition, the new vehicle will be developed using increased UK content, bringing economic benefits through the supply chain.