Figures Show Birmingham Bucks UK Trend With Record Level of Foreign Investment Legal Expert Comments As New Figures Paint Positive Picture For City 09.05.2013 By Rob Dixon New data which has revealed that foreign investment into Birmingham has increased massively in the past year is a sign of the significant effort made to position the city as a hub for international business, according to a legal expert. Figures from the Marketing Birmingham Regional Observatory revealed that the city had seen a 52 per cent increase in foreign direct investment across 2012/13 with 41 new projects being secured. Much of the improvement has been attributed to Business Birmingham, which launched in April 2011 and has helped to double the number of foreign investment projects in the area. Chris Rawstron, head of Irwin Mitchell’s Birmingham-based Business Legal Services team, said the new statistics are a strong sign that such work is paying off. He said: “These figures reflect the huge effort which has gone into growing Birmingham’s profile and potential as an international business city over the last few years – effort which is now beginning to translate into new investments and job creation in our local economy. These investments are hopefully a sign of further investment and jobs to come. “In real terms the 2012/2013 FDI projects created 2,271 jobs and safeguarded more than 4,000 more. According to Marketing Birmingham they are estimated to have boosted the city’s economy by £174 million. “Reports have also shown that a range of sectors including engineering, digital media and life sciences have benefitted and it will be interesting to see how these trends develop further over the coming months.” Read more about Irwin Mitchell's expertise in relation to Business Legal Services Key contact Chris Rawstron Partner +44(0)773 027 4439 Email Chris Press contact James Clarke Press Officer +44 (0)161 838 3169 Email James Tags Chris Rawstron Birmingham Related articles 22.06.2018Servest Completes Acquisition Of Unique Catering & Management Services Limited 21.06.2018Women In Sport Facing Discrimination, Says Report 19.06.2018The New Tax Evasion Facilitation Offence 18.06.2018London Drives UK Tourism But Other Regions Attracting Attention 18.06.2018Omnichannel And Experiential 'Key To Retail's Future Success' 18.06.2018Restaurants And Bars 'Must Embrace Tech And The Instagram Age To Stay Relevant'