MORE than one billion pounds of investment in Dudley will be showcased to potential investors at an international summit in Cannes next month.

A team representing Dudley Council will be joined by colleagues from across the West Midlands at MIPIM 2019, the world’s leading property market.

The event brings together developers and investors from all sectors of the international property industry.

The Council will be taking the opportunity to attract investment to boost the borough’s economic growth and build more housing, retail, leisure and employment sites on land across the borough.

The spotlight will be shone on DY5, Dudley’s Business and Innovation Enterprise Zone in and around the Waterfront in Brierley Hill, in a bid to secure development partners and equity investors to fund plans for new industrial, office, retail, residential and mixed used developments.

Councillor Judy Foster, deputy leader of Dudley Council, said: "This is a serious opportunity to profile Dudley and position ourselves as the destination for businesses to invest and thrive.

"This could be a real game changer for Dudley. We will be networking with some of the biggest international developers, investors and influencers around the world.

"We already have millions of pounds worth of investment committed to improving our transport infrastructure, growing our leisure and retail offer and establishing our borough as a world-class centre for innovation and advanced manufacturing.

"But this is our opportunity to profile what we can offer beyond our existing plans and seek out genuine investors, who want to support us in transforming Dudley’s economy.”

Upcoming projects will also be showcased at the event, including the £81million Portersfield development, the £31million Institute of Technology on Castle Hill and the £343million Midland Metro extension to the 25,000 delegates from more than 100 countries.