Derby has received three awards in the prestigious fDi Strategy Awards 2016, compiled by the Financial Times magazine. The city has been recognised for Marketing Derby’s inward investment soft landing scheme, its specialism in automotive, as well as the £400m Rolls-Royce aerospace campus cornerstone investment.
Derby was compared with cities from across the globe.
Martin Rawson, Deputy Leader of Derby City Council and board member at Marketing Derby, said: “This recognition is wonderful. It shows that Derby is truly a global business city with leading brands, including Rolls-Royce, Bombardier and Toyota, and their extensive supply chains, based here.
“Derby is an attractive proposition for investment, with a highly-skilled workforce, investment in infrastructure and public-private partnerships, which support new businesses and investors into the city.”
The fDi Strategy award for Soft Landing recognises Marketing Derby’s bespoke package of support for companies looking to expand, or start a business in the city. The Invest in Derby Red Carpet scheme connects investors with local experts in property, finance, recruitment and legal services, amongst others.
The Specialism Award in Automotive is in recognition of the area’s strength in the automotive sector and being home to Toyota Manufacturing UK. The city employs over 12.5% of its workforce in hi-tech functions, four times the national average.
The Cornerstone Investor Award acknowledges Rolls-Royce’s commitment to Derby, where it employs 14,000 people in its civil aerospace, nuclear and corporate functions. The development of its £400m aerospace campus begins with a major road realignment programme in 2017.
John Forkin, Managing Director of Marketing Derby, said: “We know our public-private partnership in Derby is second to none. It’s fantastic to gain recognition, from no less than the Financial Times, that our inward investment service is now amongst the best in the world.
“This is no easy task and we thank the city council and our Bondholders in helping achieve this.”
The city will be presented with the awards at a ceremony to be held at MIPIM in Cannes, in March.
Derby will be travelling to Cannes as part of the Midlands Engine, working in partnership with cities from across the region. The team will include representatives from both the private and public sectors, and seeks to attract new investment.