NORTH EAST ENGLAND
North East England’s growing credentials make it one of the most desirable regions to live and work.
As one of the UK’s fastest growing economies with a highly skilled workforce, superb access to UK and overseas markets and a low-cost base, it is easy to see why over 67,000 businesses call North East England home. The region has welcomed a richness of companies from across the globe, along with talented professionals, who have developed strong roots in the North East because of its perfect blend of opportunity and quality of life.
The region offers a diverse mix of city and culture, mixed with the beautiful rural countryside and coastal and river views, which are all within commutable reach. House prices are 73% lower than London and 54% lower than South East England, yet the North East remains one of the most vibrant, exciting and thriving places to live and work.
The North East has a highly-skilled, loyal workforce, trained in the very latest manufacturing processes and techniques and is renowned for its exceptional productivity. More than 63,500 specialists work in the advanced manufacturing sector, 126,000 in the wider manufacturing sector and over 110,000 students study at the region’s five universities, with more than half studying Science, Technology, Engineering and Mathematics (STEM) subjects. With these credentials, the North East has one of the most solid, reliable and sustainable workforces in the UK.
The region has excellent connectivity to the wider UK, Europe and other global markets thanks to its outstanding infrastructure, including Newcastle and Tees Valley international airports and seven ports (Berwick-upon-Tweed, Blyth, Hartlepool, Port of Tyne, Redcar, Sunderland and Teesport). The Port of Tyne is a major European vehicle handler, located just four miles from Nissan’s Sunderland plant, with three car terminals processing up to 600,000 vehicles every year. Teesport, owned and operated by PD Ports, is a major deep sea complex and a national asset for trade and was awarded Freeport status to the Tees Valley in 2021.
The International Advanced Manufacturing Park (IAMP) is one the most important development sites in the North of England, if not the country. With up to 150 hectares of development land to the north of Nissan, IAMP is a hub for automotive, advanced manufacturing and technology businesses, accelerating economic growth and generating the conditions for private sector investment of over £400 million. IAMP is designated a ‘Nationally Significant Infrastructure Project’ (NSIP) by the UK Government.
The North East is one of the most established and productive manufacturing sectors in Europe, home to Nissan and an abundance of other thriving manufacturing giants including Hitachi, Cummins, Komatsu, Caterpillar and Liebherr.