Why invest in Oldham? Because we’re worth it

Date published: 18 October 2012


OLDHAM Council leader Jim McMahon was glowing with pride after Oldham went to London to sell itself to big investors.

Expressing his pleasure at the turnout for the Oldham on the Map event, Councillor McMahon said: “There is always a fear that you are just a random North-West council coming to London to sell your wares and you wonder if that will enthuse people.

“Actually there has been a good turn out and a good cross-section of industry. We have had pension funds, investment companies, developers, agents, end users — a really good spread.

“Already conversations are taking place about how they can bring investment into Oldham.

“What I noticed most was how positive people were. People have come with an open mind and allowed themselves to be convinced.

“It’s nonsense for anyone to say we shouldn’t be here. If you are a developer or investor you have a choice of places to go. Would Oldham be on that list?

“Today is all about developing personal relationships, about people, about who we are making sure people believe we are firm to our word.

“The 60 people we had in the room today would not have got on a train and come to Oldham.

“A number of appointments have already been made. People are going to come to Oldham: at least two pension funds, investors, development companies and agents for users who want to take on space.

“We are talking about flagship developments. This about getting quality back into Oldham.

“We are talking to people who want to invest in that vision. Not those who want a quick buck.”



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