Coventry and Warwickshire is recognised as a globally important hub in advanced manufacturing and engineering, with business and research links across the world. Advanced manufacturing and engineering directly employs 34,000 people in Coventry and Warwickshire accounting for 10% of employment, 57% greater than the UK average overall and 500% greater than the UK average for the automotive industry.
The Coventry and Warwickshire Growth Deal, subject to a satisfactory conclusion of the funding agreement, will support the local area’s aspirations to build on its advanced manufacturing and engineering strengths by investing in:
- New transport infrastructure which will improve connections with other cities and towns and tackle congestion on the area’s roads.
- Driving innovation in advanced manufacturing and engineering through the provision of new R&D and business support facilities.
- Supporting businesses to flourish through the provision of effective business advice and support.
- Growing local skills and talent through investment in Further Education Colleges.
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