British Prime Minister Boris Johnson on Tuesday opened the UK’s Global Investment Summit.
The summit will witness the announcement of investments worth 10 billion pounds to support “green growth” in Britain.
The British government said in a statement that its president will announce during the summit 18 agreements that will provide “at least 30,000 jobs”.
In addition to supporting growth in key sectors such as wind energy, hydrogen, sustainable housing, and carbon dioxide capture and storage.”
It added that the summit will witness the unveiling of foreign investment worth 9.7 billion pounds to support “green growth” in the country.
Including a project by the Spanish company Iberdrola to build a huge offshore wind farm.
Johnson will meet during the summit organized by his government, billionaire Bill Gates, to discuss the role of the private sector in facing climate change.
In addition, logistics company Prologis plans to invest £1.5 billion over three years.
To build carbon dioxide-free warehouses in a number of regions of the United Kingdom, including the capital, London.
The project is expected to create 14,000 job opportunities, according to the statement.
It is noteworthy that the World Investment Summit is held for one day only, and was organized to encourage foreign investment by showcasing the best British innovations.