Presidential Roundtable summary - How to design an effective industrial strategy for infrastructure delivery

The UK government has committed to creating a new industrial strategy.

In recent years, various governments have adopted industrial strategies to foster growth, enhance competitiveness, and guide their countries through transition.

There has been a stop-start approach to industrial strategy in the UK over the last 10 years, which has had limited success.

Focusing on four central missions, the Labour government’s proposed industrial strategy, Invest 2035, aims to address economic and environmental challenges and prepare the UK for future opportunities.

But questions remain about whether it can achieve its goals.

To discuss what makes a successful industrial strategy, the ICE convened an online roundtable, chaired by the ICE’s new president, Professor Jim Hall.

Participants outlined the key elements of successful strategies, their scope, and the challenges the infrastructure sector needs to address.