Exeter is Ripe for Inward Investment

Posted on 6 March, 2013 by Neil Bird

A delegation from Exeter recently travelled to London to raise awareness of what the Devon city has to offer to businesses and investors. As part of the initiative posters bearing the slogan ‘Expect Success: Invest in Exeter’ will feature at tube stations across the capital as the campaign seeks to build on the city’s achievements.

Last year The Royal Albert Memorial Museum was voted the Art Fund Museum of the Year and Exeter College won two coveted Times Educational Supplement awards. These successes have been followed by the University of Exeter being named University of the Year in the Sunday Times University Guide 2013.

Derek Phillips, of the Exeter Chamber of Commerce, told the Western Morning News that local businesses are delighted by the recognition these institutions have received and that they emphasise the potential of the city.

“This reinforces the attraction of Exeter as the place to invest for a successful future,” he said.

Exeter is ideally located, in terms of road and rail, being adjacent to junction 29 of the M5 and only two hours from London by train. In addition Exeter International Airport offers flights to a growing number of UK and European destinations.

With a long-term strategic development programme expected to create over 26,000 new jobs in the area over the next 15 to 20 years, now could be a good time to invest in the Exeter commercial property market.

Among the projects underway are the 68,000 sq ft Exeter Science Park and Skypark Business Park which will provide additional office, industrial and manufacturing space. There is also scope throughout Exeter for both large and small businesses.

Among the sectors taking advantage of what the area has to offer are engineering, aviation and green technology. Given the importance of the tourism industry in Devon there is also demand for guest houses and other holiday accommodation.




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