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<p>The Department for International Trade (DIT) leads on Foreign Direct Investment
(FDI) policy.</p><p>DIT has been working closely with colleagues in the BEIS Industrial
Strategy team, to ensure the closest possible alignment of activity to support the
Strategy’s initiatives around growing clusters and sectors, and the promotion of FDI
through DIT’s FDI strategy.</p><p>This will deliver a more targeted approach to promotion
and investor support, and better address market failures to maximise wealth creation
across the UK. From April 2018, we will change our measure of performance from the
volume of projects landed to a comprehensive measure of economic impact.</p><p>Alongside
this DIT will work with local partners to identify High Potential Opportunities that
are currently overlooked, misunderstood, or underestimated, and therefore not achieving
their full potential. Targeted promotion and support around these opportunities will
help to address the market failures that leave these places at a disadvantage, by
presenting investors with a more complete picture of supply.</p>
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