Government Launches Industrial Strategy
The Government has published a green paper to kickstart delivery of its modern Industrial Strategy, a 10‐year plan designed to drive economic growth across the country.
The Industrial Strategy will focus on eight key sectors, including advanced manufacturing and clean energy industries, with a view to providing the certainty and stability that businesses need to invest in the most productive parts of the economy. Whilst construction is not one of the eight sectors identified, the green paper acknowledges that “improvements in infrastructure will be foundational to success across our growth‐driving sectors”, and new National Policy Statements setting out Government policy on different types of national infrastructure development will be published within the next 12 months. The paper is available to view here.
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