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PRIVACY
Economic Development

Liverpool's Metro Mayor Steve Rotheram leads US mission to foster investment and honour John Lennon

Metrp mayor will visit Boston and New York

Metro Mayor of the Liverpool City Region Steve Rotheram will lead the US trade mission (Image: Stefan Rousseau/PA Wire)

Liverpool City Region Metro Mayor Steve Rotheram is to lead a 'high level mission' to the United States in a bid to secure tens of millions of pounds in long-term investment, trade and tourism for the Liverpool City Region.

His itinerary includes meetings with civic and business leaders in Boston and New York, promoting the Liverpool City Region as an "innovation powerhouse" ripe for investment and a "must-visit cultural, sports and events destination". The US is the largest export market for the Liverpool City Region, valued at £1.8bn annually, and is the biggest source of foreign investment, presenting opportunities to boost trade and tourism.

His meetings with US health-tech leaders and major biotech firms aim to secure investment and collaboration in the city region's £5bn health and life sciences sector. Cultural leaders from the city region will accompany the Mayor in New York for meetings and events designed to build on shared histories and strengthen ties to boost tourism.

The Mayor will also pay his respects at the Strawberry Fields memorial to John Lennon in New York's Central Park, reports .

Mayor Rotheram said: "This mission is an important and necessary investment in the Liverpool City Region's future prosperity and for º£½ÇÊÓÆµ PLC. The US is already our largest export market and a major source of foreign direct investment, creating jobs and wealth in our city region.

"We have strong links through our shared histories and our unrivalled music, sport and culture attracts tens of thousands of US visitors each year. The potential to grow our ties and all the benefits it would bring to both sides is huge, but we need to be having the right conversations with the right people and letting our friends in the US know that Liverpool City Region is not just world famous for its port, sport and culture but also home to world-leading innovation and world-class facilities.

"This mission is about sowing the seeds for future investment, collaboration and economic growth. I've pledged to boost foreign direct investment by 25%, creating jobs and prosperity for local people, and I'm determined to do whatever it takes to make that happen."

Following his attendance at the Bloomberg CityLab Summit in Mexico City, Mayor Rotheram will be heading to the US for a series of meetings with industry leaders in Boston from October 17. The discussions will revolve around potential collaborations and investment opportunities, promoting the city region as an ideal place for business growth and investment.