The Fifty500 Midlands Growth Corridor is set to create a global innovation and manufacturing superpower. This will be a primary location for sustainable growth and investment in the UK, connecting over a million people and half a million jobs.
The A50/A500 already moves countless products and connects supply chains every day; and the corridor is recognised as a hub for manufacturing and innovation, with businesses along it specialising in clean energy, hydrogen and technology. Now there’s an opportunity to realise once-in-a-lifetime benefits with an advanced manufacturing and clean energy corridor, supported by £1.6bn of private sector investment unlocked by public sector engagement, increasing the economic forecast by 10% by 2064.
A transition from road to rail freight will drive a decarbonisation agenda and remove congestion from the passenger road network.
Enabling businesses to be as efficient and productive as possible, whilst attracting highly skilled workers to the region, this will create an employment ecosystem beyond a brand.
A co-ordinated innovation programme to develop a Zero Emissions Valley across the A50/500 corridor.
Innovation factories across the corridor will help to create an ecosystem of innovation through cross sector collaboration and business development.
Fostering innovation, accelerating development timelines and reducing costs, this will create an employment ecosystem beyond a brand.
A localised clean fuel supply to power industrial processes and decarbonise existing industrial activity.
private sector investment to deliver 19 projects
extra jobs by 2042
additional GVA by 2042
jobs created by 2070
annual gross GVA by 2070