Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 06/12/2021 10:50 
19.10.2021 16:27 News >> UK Secures $13.4B In Foreign Direct Investment: Johnson

UK Secures $13.4B In Foreign Direct Investment: Johnson

Prime Minister Boris Johnson welcomes nearly 200 business leaders to Global Investment Summit in London.

The United Kingdom has secured £9.7 billion ($13.4 billion) in foreign investments, Prime Minister Boris Johnson said on Tuesday, as he opened the Global Investment Summit in London.
Johnson welcomed almost 200 business leaders to the summit, which is being held at the Science Museum. The investments will create at least 30,000 jobs in Britain.

Speaking ahead of the summit, Johnson said: "The world's top investors have seen the massive potential in the UK for growth and innovation in the industries of the future.

"The fantastic £9.7bn of new investment we have secured today will power our economic recovery, creating thousands of jobs and helping to level up across the country.

"This is just the start. We will see new partnerships for green growth forged at today's Global Investment Summit, as we look ahead to COP26 and beyond."

The summit comes two weeks before COP26 in Glasgow, and the British government wants to use the Global Investment Summit to highlight green investment opportunities in Britain, as well as enhance the private sector's role in reducing carbon emissions.

Bill Gates attended the summit, and took part in a panel discussion with Johnson about the global transition from fossil fuels to renewables, and the role of business in tackling the climate crisis. On Monday, Gates also attended a dinner in 10 Downing Street alongside Johnson, British Foreign Secretary Liz Truss, and over a dozen other business leaders.

The £9.7 billion investment is comprised of 18 deals covering everything from wind and hydrogen power to carbon capture. £6 billion ($8.3 billion) alone is a Spanish energy company's investment in offshore wind in Britain.

The summit is being backed by the Queen, and both the Royal Family and herself hosted a reception at Windsor on Tuesday for delegates to the summit.

China

Johnson also spoke to Bloomberg ahead of the summit about Chinese investment in the British economy, considering recent strains on the Sino-British relationship due to repression in Hong Kong and against the Uyghurs.

"I'm not going to tell you the UK government is going to pitchfork away every overture from China," he told Bloomberg.

"China is a gigantic part of our economic life and will be for a long time - for our lifetime. But that does not mean that we should be naive in the way we look at our critical natural infrastructure - you mention nuclear power, you mention 5G technology - those are all legitimate concerns for any government.

"We should be cautious about how we handle our CNI (Critical National Infrastructure) and about how we handle FDI (Foreign Direct Investment) from China... That is why we have brought in some of the legislation that we have."

"I am no Sino-phobe, very far from it. China is a great country, a great civilisation," he added.

"In spite of all the difficulties, in spite of all the difficult conversations about the Dalai Lama or Hong Kong or the Uighurs - where we will continue to stick to our views - trade with China has continued to expand for a very long time." -



        Latest News
Turkish Stocks Start Week On High Note 26 minutes ago...
Borsa Istanbul's BIST 100 index up 10.8 points from previous all time high close surpassing 1,900 points.
Global Markets Seek Direction 41 minutes ago...
Omicron variant of coronavirus, Fed's shift toward hawkish stance continued to be priced in global markets.
Diary 26 minutes ago...
Here are the main topics Anadolu Agency's English Desk plans to cover on Monday, Dec. 6, 2021.
World Arms Sales Hit $531B In 2020 41 minutes ago...
Accounting for 54% of top 100’s total arms sales, US companies continue to dominate ranking.
Argentina Reports Its 1St Case Of Omicron Variant -4 minutes ago...
New coronavirus strain found in person who arrived in Argentina from South Africa on Nov. 30, says Health Ministry.

 
      Top News
Anadolu Agency's Morning Briefing - Dec. 6, 2021 Anadolu Agency's Morning Briefing - Dec. 6, 2021
Turkey Condemns Attempted Arson Attack On Mosque In Southern Cyprus Turkey Condemns Attempted Arson Attack On Mosque In Southern Cyprus
US Lawmaker Under Fire For Family Christmas Photo With Guns US Lawmaker Under Fire For Family Christmas Photo With Guns
On Eve Of Polls, Libyan Lawmakers Seek To Grill Elections Commission Head On Eve Of Polls, Libyan Lawmakers Seek To Grill Elections Commission Head
Saudi Crown Prince Set To Visit Oman On Monday Saudi Crown Prince Set To Visit Oman On Monday
South Africa, Ghana Strengthen Ties With Cooperation Pacts South Africa, Ghana Strengthen Ties With Cooperation Pacts
Palestinian President Office Condemns Killing Of Young Man By Israel Palestinian President Office Condemns Killing Of Young Man By Israel
Thousands Protest Against Coronavirus Lockdown In Vienna Thousands Protest Against Coronavirus Lockdown In Vienna
Macron Arrives In Saudi Arabia As Part Of Gulf Tour Macron Arrives In Saudi Arabia As Part Of Gulf Tour
5 YPG/PKK Terrorists 'Neutralized' In Northern Syria 5 YPG/PKK Terrorists 'Neutralized' In Northern Syria