Express & Star

£20 billion schemes launched to attract investment across West Midlands

Investors and developers have been presented with £20 billion worth of schemes to regenerate areas across the West Midlands.

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A view over the huge new WMCA-backed development The Junction, off Fountain Lane, Oldbury

West Midlands Mayor Andy Street today launched the region's latest investment prospectus, which has been developed alongside local councils in a bid to level up cities and towns over the next two decades.

Projects include almost £500m to revamp town centres in Walsall, West Bromwich and Dudley, while plans have also been outlined for a new commercial district in Wolverhampton and housing developments in Sandwell among 29 schemes.

Mr Street said private and public sector partnerships were "at the heart" of the West Midlands Combined Authority's ambition to become a "more prosperous and better-connected region".