Tees Valley Combined Authority | Published on: 27th November 2017
The government has today set out its Industrial Strategy for the UK, reaffirming Tees Valley’s vital role at the heart of the UK’s plans for industrial growth.
The strategy highlights measures that will enhance the role of Tees Valley to make a step change in the local economy, ensuring that businesses and residents thrive and reach their full potential.
The Industrial Strategy sets out five pillars. The Tees Valley is already playing a vital role in the following areas;
Welcoming the white paper, Tees Valley Mayor Ben Houchen said: “I am proud that Tees Valley will once again be able to play a leading role and provide such an important contribution. We are very proud of our rich industrial heritage but we can also be very proud of our industrial future with our competitive private-sector led economy.
“Last week government made a massive commitment to our local Industrial Strategy with a £123million boost to help get things moving. This is a huge vote of confidence in our area and it is very encouraging to see the government’s strong commitment to devolution. The tide is turning and power is beginning to shift from Whitehall.”
The long term strategy sets out a vision for the UK to be the world’s most innovative nation by 2030.
Issued by Tees Valley Mayor.
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