Prime Minister Theresa May’s government is to invest £35 million (€41.4 million) in a bid to boost the auto industry. As a result of this investment almost 3,000 new skilled jobs are expected for the West-Midlands region. During her visit to the Jaguar Land Rover site, one of the fund’s main recipients, the Prime Minister expressed her desire to prioritize developing British industry ahead of the nation’s exit from the EU.
The investment will enable the construction of a new 24-hectare auto business zone, known as the Whitley South Infrastructure Project within a pre-existing similarly specialized zone at Whitley, near Coventry and of which the Jaguar Land Rover Group will occupy more than 50%, thereby extending its current position. The auto group will also invest £500 million (€592) of its own funds into the project. Subcontractors will use the rest of the area and there will also be a technology zone. Ultimate
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