The South West has launched its first industrial strategy today (Friday, July 19).
The West of England Local Industrial Strategy sets out how the region will raise productivity levels and create high-quality, well-paid jobs as part of the government's national industrial strategy.
The economic blueprint was developed by the West of England Combined Authority (Weca) and Local Enterprise Partnership, which have been working with regional organisations and central government.
The idea is to develop a “smart region”, with the strategy setting out how West Country will “stay ahead of the curve” and create a stronger economy.
West of England mayor Tim Bowles said: “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."
The strategy also identifies the challenges facing the region, including improving small-business productivity and ensuring the workforce has the skills it needs.
Science minister Chris Skidmore said: "[The 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".
The UK's modern industrial strategy is an economic policy, which supports businesses to create jobs and invest in skills, innovation and infrastructure.
Jake Berry, minister for local growth, says the West of England strategy will "equip people with the skills they need to thrive in the global digital economy”.
Professor Steve West, chair of the Local Enterprise Partnership, added: “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.”
