Plymouth, Britain’s Ocean City has a strong maritime heritage. Plymouth ranks 1/3 for its quality of life against 20 of Britain’s largest cities and provides over 106,000 jobs, offers highly-skilled, low-cost labour, and a significant pipeline of graduates from Plymouth University (the 9th largest in the UK).
As well as a number of major business including Babcock International, Kawasaki and Fine Tubes Ltd, Plymouth attracts many advanced engineering and composites manufacturers, which supply the aerospace, advanced engineering and manufacturing and marine industries sectors. Other industry strengths include business services creative industries and medical and healthcare, led by Plymouth University and the Peninsula Radiology Academy.
Home to the Plymouth Marine Laboratory and the Marine Biological Association, Plymouth is a global centre of excellence for marine science and technology and has one of the largest clusters of expertise in
Plymouth hosts the largest Naval Base in Western Europe, the HMNB Devonport, and is home to luxury boat builder Princess Yachts International. Investors currently have the rare opportunity to invest in the deep-water port of South Yard, which will offer a unique complex of industrial buildings and docks with deep water access that will bring 18.29 acres (7.4 hectares) back into commercial use.
Plymouth University works in partnership with numerous companies from around the globe, to develop ground-breaking R&D and technology, including in marine energy, sustainability, health and community. The University’s Marine Institute boasts unrivalled wave tank testing facilities, a state of the art ship navigation simulator and marine innovation centre to match business and world-class innovation.
Plymouth has Assisted Area status, so businesses are able to access higher levels of European funding, all making Plymouth an extremely popular investment destination.