New government industrial strategy built around infrastructure and technology

Government industrial strategy launch mirrors ICE view that economic growth is dependent on infrastructure

Government agrees: Infrastructure a critical enabler for economic growth and productivity
Government agrees: Infrastructure a critical enabler for economic growth and productivity

The Government has launched a green paper on its Industrial Strategy. The paper sets out 10 pillars that will drive the growth of the UK economy: science, research and innovation; skills; infrastructure; business growth and investment; procurement; trade and investment; affordable energy; sectoral policies; driving growth across the whole country; and creating the right institutions to bring together sectors and places.

The paper echoes ICE's long-held view of infrastructure as being an enabler of economic growth, productivity and thriving communities. The 10 pillars overlap and complement one another to provide a framework for economic growth and productivity. ICE will work with other institutions and across the industry to work with Government on the industrial strategy.

Nick Baveystock, Director General, ICE commented:

"Infrastructure is a critical enabler for economic growth and productivity and it is rightly viewed as a key pillar of the Government's industrial strategy. The ICE's National Needs Assessment identifies the critical challenges facing the UK over the next 35 years and I am pleased that the industrial strategy aligns with the findings from this report."

Nick Roberts, Atkins' UK & Europe CEO and member of the Brexit Infrastructure Leadership Group commented:

"The UK's immediate future is full of uncertainties and opportunities. Having a clear, ambitious industrial strategy starts to put us in control of our destiny. It's in our DNA to be a trading nation and our efforts to re-forge our place in the global marketplace post Brexit will succeed or fail based on being bold, relevant, innovative and competitive."

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