Foreign investment deals to create 30k UK jobs |
Foreign investment deals in low-carbon sectors in the UK announced yesterday will create about 30,000 jobs, the government has said. Prime Minister Boris Johnson announced 18 new deals worth £9.7bn, including investments in sectors such as wind and hydrogen energy, sustainable homes and carbon capture. The prime minister said investors had recognised "the massive potential in the UK for growth and innovation," and such investments would power the economic recovery and help to achieve the government's levelling-up agenda for UK regions. The biggest pledge is from Spanish energy company Iberdrola, which plans to invest £6bn in offshore wind farms as part of a project that will create 7,000 jobs. Logistics firm Prologis is set to invest £1.5bn in the UK over the next three years to develop net zero carbon warehouses, supporting about 14,000 new jobs. "We believe private sector innovation has, and will continue to play, a major role in overcoming the environmental challenges the world faces today," said Prologis CEO Hamid Moghadam. Meanwhile, Getir plans to put more money into expanding its activities across the UK. The delivery firm uses a fleet of electric vehicles and is aiming to create about 7,000 permanent jobs in 2022. |
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