The
Black Country Local Enterprise Partnership (LEP) today announced it has signed
a Memorandum of Understanding with UKTI to ensure the LEP is the primary
contact for coordinating investment enquiries across the area.
Under
the deal UKTI and the Black Country LEP will exchange key information.
UKTI
is the government’s export and inward investment department and is represented
in embassies across the world. Under the agreement, UKTI will share details of
its portfolio of potential investors and help improve overseas perceptions of
the Black Country while the LEP will in-turn share its information,
intelligence and portfolio of investors enquiries with UKTI.
The
agreement also aims to ensure that the Black Country’s strengths are recognised
and promoted to potential overseas investors effectively.