Hitachi Rail

• basic info

  -opened in Sept 2015

  -a manufacturing plant in Newton Aycliffe

  -represents a £85 million flow of FDI from Japan
• give 3 examples on Japanese TNCs investing in new car assembly in the UK

  -Sunderland (Nissan)

  -Swindon (Honda)

  -Burnaston (Toyota)
• why is the UK popular for FDI from Japan

  -when in EU it meant Japanese TNCs were exempt from import tariffs on cars exported to mainland Europe

  -many Japanese business people speak English
• how much did the UK gov. put towards Hitachi

  -£5.7 billion
• what is the plant at Newton Aycliffe used for (other than assembly)

  -research, development and design departments

  -over 700 people employed here and more than 6000 in the supply chain
• how will it help the local area

  -provide employment which will lead to a positive multiplier effect

  -help it to develop due to the positive multiplier effect