Invest North East England and the North East LEP are partnering together to showcase the North East’s strengths at the annual NOF conference, Energy: A Balanced Future.
David Pattison, Inward Investment Manager at Invest North East England speaks about how the team is excited to be profiling the region at the upcoming conference;
“It’s widely known that the North East was once a true global powerhouse of ship building. Whilst the majority of yards are now closed, the assets and heritage left behind has led to the region becoming England’s leading location for the Wind Energy and Oil & Gas sectors and a major supplier of manufacturing and engineering solutions. Indeed, 75% of all the oil and gas rigs working in the North Sea right now were manufactured in the North East of England.
We’ve a strong story to tell. The number of companies in the North East Energy sector grew by over 60% in the four years up to 2015, with 5,075 energy related companies in the region in June 2015 compared to 3,180 in June 2011. Not only that, the North East attracted 12% of all UK foreign direct investment projects in the Wind sector from 2010-2014.
As part of work around the conference, Invest North East England is chartering a boat to take a range of delegates along the River Tyne. It’s the perfect way to showcase key assets, businesses and opportunities and get the key regional players together. We’re looking forward to welcoming a delegation of Brazilian companies on board and will also be encouraging delegates to visit the excellent facilities and potential investment opportunities at the Ports of Sunderland and Blyth.”
If you’re interested in joining Invest North East England on the river cruise, please don’t hesitate to get in touch with the team.
The annual NOF conference – Energy: A Balanced Future is being held 7th and 8th March 2017 at the Sage Gateshead; more details on how to attend this conference can be found here