West Midlands Investment Zone: What is it and what does it mean for Birmingham?

The West Midlands Investment Zone, a new initiative aimed at bolstering the region's economy, has been given the green light to proceed.

The scheme promises to create over 30,000 jobs and attract £5.5 billion in investment.

Approved by the West Midlands Combined Authority, the zone spans the entire region. The Birmingham Knowledge Quarter will benefit from a £9 million investment, while the Wolverhampton Green Innovation Corridor receives £7 million.

These developments are part of a broader 25-year plan targeting advanced manufacturing, green industries, and emerging technologies. The first-year plans will soon be submitted to the Department for Housing, Levelling-up, and Communities for approval, ensuring funds are released promptly.

Local leaders emphasised the need for swift implementation, stressing its importance for regional growth and youth employment.

Watch our video to learn more about the major jobs boost for Birmingham and beyond.