Staffordshire is seeing unprecedented levels of private sector investment as regeneration fever grips some of the region's more progressive developers.

As many as 10,000 jobs are likely to be generated through the 3 million sq ft of speculative business space currently in the pipeline for the area.

InStaffs' Tony Joynson said yesterday: "This amount of speculative development is unprecedented and presents a wide range of opportunities, from small enterprise units to major industrial sheds and added value manufacturing facilities."

He added: "There are also a host of specialist med tech facilities at Keele University Science Park currently available, with the campus now seen as a major rival to the heavyweights of Cambridgeshire and Oxfordshire."

Inward investors are being urged to take advantage of the speculative build available and the benefits of being based in Staffordshire, such as its central location, a one million strong population and a massively overhauled transport network.

The introduction of the M6 Toll Road has done much to galvanise the south of the county, while the north of Staffordshire is only months away from seeing the fruits of three years' labour when the A500 works are completed and the A50 link to Trentham Lakes is open.

"Like in recent years, we expect to see strong interest from automotive suppliers, high value engineers and major logistic operations, such as the likes of 3663 at Fradley Park and Kingswood Lakeside, and Cullina Logistics in Stafford," Mr Joynson said.

"We are also predicting that the med-tech boom will continue to grow, with Keele set to enter its 70-acre third phase and Chatterley Valley in Stoke-on-Trent set to offer opportunities for companies in manufacturing and high value logistics.

"Speculative development is evident across most of Stoke-on-Trent and Staffordshire, including Kingswood Lakeside in Cannock, Centrum 100 in the East and Prologis Park Stoke in the North. It's a county-wide drive, which opens up opportunities for employment right across the piste."

Instaffs - a partnership of Staffordshire local authorities and chambers of commerce - said that while industrial space accounted for 2.4 million sq ft of developments, office facilities are also well represented with a combination of 'Grade A' space and specialist start-up units providing something for businesses from all sectors.

Schemes creating particular interest include: Lakeside Plaza, Towers Point, Silverdale Enterprise Park and Crompton and Newland Courts in Burntwood.