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News - 23 January 2012
Coast to Capital appoints consultancy for FDI strategy
Foreign Direct Investment [FDI]from overseas companies is recognised as a primary generator of new jobs in the UK. The Local Enterprise Partnership [LEP] has commissioned This Is Regeneration Ltd to prepare a strategy for working with UKTI to attract new companies into the LEP area.
Under the previous government UKTI had a regional presence but it now works at a national level and LEPs will play an important role locally on the ground. It is important that area partnerships and LEP officers have a common approach to FDI enquiries and that they work closely with UKTI to tap into their expertise and resources.
Nineteen representatives from LEP partners, including the Economic Partnership, local authority and Wired Sussex, attended a one day UKTI training course in Horsham on Wednesday to get a better understanding of the working practices of the national body.
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