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Norfolk and Suffolk bid to woo global investors at international showcase

PUBLISHED: 15:22 17 October 2018 | UPDATED: 15:22 17 October 2018

The East stand at MIPIM UK, where delegates from Norfolk and Suffolk are promoting the two counties' investment opportunities. Picture: @NewAngliaLEP.

The East stand at MIPIM UK, where delegates from Norfolk and Suffolk are promoting the two counties' investment opportunities. Picture: @NewAngliaLEP.

Twitter/@NewAngliaLEP

Norfolk and Suffolk’s biggest development opportunities are being presented to global investors at an international event this week.

The two counties have taken details of growth sites ready for inward investment to Mipim UK at Olympia UK on Wednesday and Thursday.

They have outlined 38 sites offered for investment across every district in the region – the biggest offer the two counties have taken in their third appearance at the event.

Doug Field, chairman of New Anglia Local Enterprise Partnership, said: “This is the most comprehensive investment offer we’ve taken to Mipim, highlighting 38 sites across Norfolk and Suffolk that provide high quality space for developers, investors and growing businesses from across the UK and the world.

“But our offer is about more than those individual sites. It’s also about our two successful Enterprise Zones and the advantages they offer businesses. It’s about our infrastructure and connectivity.

“And it’s about the access to our globally renowned expertise in sectors such as clean energy, life sciences and agri-food and ICT and creative industries. This is our all-round offer to the world, and I’m confident Mipim UK will once again prove a success for the East.”

On Wednesday The East will host a reception where speakers include the chairman of Homes England, Sir Edward Lister, and John Howard, managing director of Ipswich Wharf Developments and the driving force behind the development of the Winerack in Ipswich.

Among the sites being promoted by The East – the brand the two counties have adopted – are those in key growth areas identified by the Norfolk and Suffolk Economic Strategy.

They include Suffolk Park in Bury St Edmunds, part of the Space to Innovate Enterprise Zone; the residential and commercial development at Nelson Quay in King’s Lynn; the Beacon Park energy park in Great Yarmouth; and Sproughton Enterprise Park in Ipswich, aimed at logistics and distribution companies.

The East’s offer centres on its connectivity to Europe and the rest of the world, its 250 hectares of Enterprise Zone sites and the sectors where it has global strength.

The event is expected to attract 3,000 visitors over the course of the two days.

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