Manchester is an essential national and international gateway that has the potential to access the wider world.
Transport investment aims to support Manchester Airport’s vision to expand from the current 27 million passengers to a staggering 55 million by 2040, generating an approximation of 51,000 jobs on site. While this can be accomplished using the existing capacity, the airport is introducing a £1 billion programme of investment to transform its facilities, pave the way for new state of the art infrastructure and create a global gateway with resilience to cater for the evolving customer’s needs.
Besides from being a major employer, the Airport is central to supporting inward investment and international trade. Establishing direct flights from mainland China will be imperative to enable an accelerated growth in tourism and business across the city.
Directly adjacent to Manchester Airport, Airport City is a billion-pound pioneering project collating opportunity, collaboration and talent across the region with a sub focus on building strong links to drive investment from the Far East into the north west.
Lynda Shillaw, Manchester Airports Group CEO states,
“This is the first major infrastructure project in the UK with the involvement of a Chinese company as an equity partner and is proving to be one of the best examples of how a new wave of Chinese investment is transforming infrastructure and development in the UK”.
“Airport City Manchester, and the wider Northern Powerhouse, are helping the UK to build a new era of cooperation between East and West, and we’re thrilled with the high levels of interest and enquiries we’re receiving from firms in China either looking to establish or to relocate a base within the UK.”
In 2017, Chinese investment into the UK doubled to a record high as investors sought the opportunity to invest in British assets. Foreign direct investment into the UK from China reached £15 billion last year, twice the amount from the previous year in 2016.
A multitude of sites plotted around Manchester Airport have been designated as an Enterprise Zone, set to encourage global business and provide 35,000 jobs. Airport City, the World Logistics Hub and the Medipark aims to attract major life science and medical research companies to more than 500,000 sq. ft. of offices, laboratories and manufacturing plants. It is important to ensure these locations are interconnected by modern, seamless transport links to provide convenient access for communities across the Greater Manchester region.
Acquiring a dynamic working environment, Airport City enables businesses to embrace an expanding future through developing strong links to the Northern Powerhouse and destinations alike. As one of the few viable sites in the region with the capability to deliver a world class campus, Airport City has the ability to structure expansion options for occupiers to future proof their business requirements.
Underpinned by unrivalled connectivity and unparalleled business opportunities, Manchester stands firmly on a global stage for attracting overseas investment. RW Invest, a leading property investment company based in Liverpool, have a multitude of buy to let opportunities available for both international and UK based investors to reap the benefits of Manchester’s extensive connectivity and luxurious city living.