Greater Lincolnshire and Rutland showcase £1bn investment

Greater Lincolnshire and Rutland showcase £1bn investment

Over £1bn of investment opportunities in Greater Lincolnshire and Rutland will be showcased by a collaborative inward investment team at national investor forum UKREiiF.

Representatives from Lincolnshire County Council (LCC), Greater Lincolnshire Local Enterprise Partnership (GLLEP) and Team Lincolnshire – a public and private sector group of Lincolnshire ambassadors – are attending the event in Leeds next week (16 to 18 May).

In its second year, UKREiiF is set to attract more than 6,000 delegates from the property industry, with more than 250 UK local authorities in attendance over the three-day event.

The Greater Lincolnshire and Rutland inward investment team has ambitious plans for the region and will be sharing investment prospects across its 10-strong sector proposition, including advanced engineering and manufacturing, visitor economy, defence, health and life sciences, digital tech, commercial and residential development, and a particular focus on agri-food, low carbon energy and logistics.

Investment opportunities across the region include the South Lincolnshire Food Enterprise Zone, Humber Freeport, hotel sites ready for development, land earmarked for housing, multiple business centres and commercial space and more.

Councillor Colin Davie, Executive Portfolio Holder for Environment and Economy at Lincolnshire Council, said: “We saw great value from our attendance at UKREiiF last year and with the event set to be even bigger this year, we need to seize the opportunity to champion our region on a national stage once again.

“We are focussed on targeting investors, developers and organisations that can help drive forward our key sectors and our work at the event will contribute towards growing our Greater Lincolnshire and Rutland economy and to create new jobs.

“Greater Lincolnshire is such a vibrant place to call home. The lifestyle you can create here with our rich heritage, abundant culture, diverse jobs market and open green spaces and coast, make it a wonderful place to live”

The lifestyle in Greater Lincolnshire and Rutland will also play a key part in the team’s promotion of the region as a place to live, learn, work and invest.

Andy Gutherson, Executive Director of Place at Lincolnshire County Council adds: “UKREiiF is a fantastic platform for LCC, GLLEP, Team Lincolnshire and our local district councils to speak directly to investors about the unique opportunities we have to offer. Conversations had and connections made at these events are incredibly valuable and make a positive and far-reaching impact on our local economy.

“Collaboratively, and as part of Midlands Engine, we will be flying the flag for the region as the place to live, learn, work and invest in and with a busy diary of meets, I’m looking forward to what the team and I can cultivate for Greater Lincolnshire and Rutland.”

Lincolnshire excels in food processing and agri-tech and was chosen as one of the Government’s manufacturing zones. This followed growth deal grants of £18 million, including £5.1 million for South Lincolnshire Food Enterprise Zone and £2.4 million for University of Lincoln’s Centre of Excellence in Agri-food and Technology at Holbeach.

Ruth Carver, Chief Executive at Greater Lincolnshire LEP said ““This is a good time for Greater Lincolnshire with growing interest in our place and our game changing sectors.  Since last year we have made great strides in areas such as town deals, infrastructure development, humber freeport and our business parks.  

“With many transformational projects taking place, now is a key time to reposition Greater Lincolnshire firmly on the national and global map as an even better place for people to live and work. UK REIF provides a provides a platform for us to tell our story to a global audience once again and we look forward to meeting new connections and investors.”


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BDC 305 Jun 2023