The West of England Industrial Strategy se to raise productivity levels and create high quality, well paid jobs
The West of England industrial strategy document, which has just been made public, identifies the ways the region will contribute towards the national strategy. This initiative should go a long way towards bolstering the region’s fortunes and significantly improve its long term prospects. For further details please read the bulletin below which was issued by Insider Media Ltd. today.
Roger Mundy, Managing Director, Beardsley Theobalds, 23rd July 2019
West of England industrial strategy revealed
The first industrial strategy for the West of England has been revealed, having been developed by the region's combined authority and local enterprise partnership.
The document sets out how the area will contribute towards delivering the national Industrial Strategy’s aim to raise productivity levels and create high-quality, well-paid jobs across the country.
The West of England Local Industrial Strategy also looks to identify the challenges that need to be addressed to realise the area’s full potential, including improving small firm productivity, ensuring the workforce has the skills needed and the delivery of clean, inclusive growth of the region.
It will also seek to ensure people have the skills that businesses need to support the region’s ambitions.
The strategy identifies four priority areas, which cover strengthening innovation; providing businesses with the space, networks and skills; investing in infrastructure that reduces energy demand; and supporting residents to contribute to and benefit from economic success.
Chris Skidmore, minister of state for universities, science, research and innovation, said: "From robots to animation through to aerospace, the West of England has a strong, diverse and increasingly green economy.
"This Local Industrial Strategy ensures the innovation, skills and creativity of every place in the West of England are harnessed, benefiting everyone working and living in the area."
Tim Bowles, West of England mayor, added: "From the days of Brunel, through to the latest developments in robotics and virtual reality, the West of England has been at the cutting edge of technology.
"Across our towns and cities, there is an independence of spirit and pride in the diversity, creativity and ingenuity of communities. Our Local Industrial Strategy sets out how we will work together to build on those strengths.
"As the world changes around us, we need this plan to make sure we stay ahead of the curve, creating a stronger economy and a better place to live and work for all."
Prof Steve West, chairman of the local enterprise partnership, said: "Our region is a place where ideas flourish and businesses grow, where creative, digital and high tech meet traditional industry.
"The Local Industrial Strategy is important to everybody. It’s about the way we live, the way we work, the environment we live in, the way we socialise, and how those things come together to create an environment that allows people to prosper."
Minister for local growth Jake Berry MP said: "I welcome the launch of the first Local Industrial Strategy in the West of England which will support a wide range of pioneering, innovative projects from the creation of bionic limbs to exploring green technology and constructing environmentally friendly homes.
"Meeting the priorities outlined in this strategy will enable businesses to adapt to new technology, create well-paid jobs and equip people with the skills they need to thrive in the global digital economy."