Industrial Strategy set to boost Welsh economy

Industrial Strategy set to boost Welsh economy

UK Government ministers for Wales will visit the country today to outline the benefits of its new Industrial Strategy White Paper.

Secretary of State for Wales Alun Cairns is set to visit the Airbus Campus in Newport - home to engineering and research personnel who provide secure communications solutions to its world-leading cybersecurity portfolio.

Conservative MP Guto Bebb will visit Brenig Construction in Colwyn Bay – a firm which provides project management and construction services for civil engineering and building contracts throughout North Wales.

Lord Bourne of Aberystwyth will visit the Centre for Alternative Technology in Machynlleth – an education centre demonstrating practical solutions for sustainability and green living.

The purpose of the Industrial Strategy is to set out how the Government plans to push Britain forward amid stagnating productivity and lacklustre growth forecasts.

One of the key areas is looking at how Government can help businesses to create better, higher-paying jobs across the country with investment in the skills, industries and infrastructure of the future.

Secretary of State for Wales Alun Cairns will launch the Industrial Strategy White Paper in Wales at Airbus’ Newport Campus.

He said: “The Industrial Strategy sets out a compelling vision for the future of the UK economy and a new approach to preparing for the opportunities and challenges of the coming decades.”

“One of the Grand Challenges put forward in this strategy is to put the UK at the forefront of the Artificial Intelligence (AI) and data revolution.”

“To support rapid adoption of AI technologies at scale, the UK Government wants to work with priority business sectors, including cybersecurity – an area where the Airbus Campus in Newport excels in.

“I am grateful to them for the opportunity to see this in action today and to see how they can rise to the challenge of the Industrial Strategy.”

Guto Bebb who is meeting senior executives at the construction company Brenig in Colwyn Bay, said: “The Industrial Strategy recognises that no two places in the UK are the same with each place having its own unique identity and strengths.

“Between Deeside, Wrexham, Manchester and Merseyside we have one of the strongest manufacturing channels in the UK.

“North Wales also has an energy sector making a huge contribution to a low carbon future, and an aerospace sector which is admired the world over.

“Our backing for growth deals and cross-border working in this strategy will provide further opportunity to make the most of the region’s connections to the Northern Powerhouse.”

Lord Bourne, who is set to visit the Centre for Alternative Technology in Machynlleth to highlight how Wales can contribute to the UK Government’s clean growth plan of the strategy, added: “The move to cleaner economic growth– through low carbon technologies and the efficient use of resources – is one of the greatest industrial opportunities of our time.

“The Centre for Alternative Technology’s work in highlighting environmental issues and solutions over the past 43 years has inspired thousands of people to care more about and to do more to help the natural world, I look forward to seeing how the work they do can play key role in researching the technologies and innovations we need to create a clean growth future.”