Why Invest in Hull
Welcome to Kingston Upon Hull. Hull is the UK City of Culture 2017 and the biggest regeneration the city has ever seen is well under way.
So why invest in Hull?
Our growing economy
With Investments totalling £1 billion flowing into Hull, confidence in the city is high.
Our economy is fuelled by our location at the heart of the Humber, a centre global trade for centuries and now home to the UK's busiest port complex and the fourth largest in Europe.
Siemens, Hull
Following a £310 million combined investment by Siemens and ABP, piling work and Europe's largest wind turbine manufacturing plant began in July 2015.
Siemens will create 1000 new jobs, along with a wealth of opportunity for local people and businesses.
Hull UK City of Culture 2017
In 2017 the eyes of the world will be on Hull as it hosts the UK City of Culture celebrations on behalf of the whole nation.
The city will be the stage for 365 days of unique culture experiences and events that will attract more then one million additional visitors to Hull, delivering a £60 Million boost to the local economy in 2017 alone.
Explore Relax Play
£199.93m Spend Within the Local Community
1,357,000 Number of Nights Stayed by Visitors
1 Million Number of Ferry Passengers Per Year
530,256 Number of Museum and Heritage Facility Visitors
Destination Hull
The cities heritage, its role as a UK City of Culture 2017 and a multi-million pound investment now being delivered in our cultural and tourism infrastructure are major steps towards establishing Hull.
Cruise Terminal:
Capitalising on Hull's role as Yorkshire Port and meeting the proven, growing demand for European cruise ship growth, the economists benefits of our riverside are estimated £3.1 Million GVA economic impact for Hull and £10 Million for Yorkshire.
Fruit Market:
Known for its its galleries, music and performances and home to Hull's emerging digital sector, the city's historic's Fruit Market is now benefiting from an £80 Million facelift that will see its quirky character retained alongside the development of new leisure and residential areas.
Shop, Eat, Drink and Shop Some More...
You can see the renews confidence in Hull's retail sector. Since being announced the City of Culture 2017, 30 new business have opened in the City Centre, many of them specialist retailer run by young entrepreneurs who are attracting a new generation of shoppers.
"Hull has the 4th largest residential comparison goods market potential in Yorkshire & the Humber. The city represents a key market for retail, leisure and food and drink companies looking to expand their portfolio in the region."
CACI Retail Report 2016
Our People & Places
1 out of 2 University graduates stay
1400 New Homes Per annum in Hull
120,000 Workers in the City
40% Residents hold a qualification of N/SVQ3 & above
A City That Means Business
As part of the UK's largest Enterprise Zone, our area Business Loan Fund has already committed £5.8 Million in Business Loans to help get stalled development projects off the ground and support development projects which have a significant impact and support sustainable job creation.
