Essex County Council welcomed the announcement yesterday (27 November) on the launch of the government’s Industrial Strategy which plans to boost the economy, build on the country’s strengths and embrace technological change.
Cllr Kevin Bentley, Essex County Council’s Cabinet Member for Economic Growth, said: “We welcome the government’s ambitious strategy and its new policies which will impact on the Essex landscape and provide more opportunities for growth. It plans to invest a further £725 million over the next three years in the Industrial Strategy Challenge Fund (ISCF). This follows last week’s announcement to invest more in Research and Development which is vital for the Essex economy.
“As one of the largest economies in the country Essex County Council is committed to working with our businesses, universities, colleges and other local authorities to deliver a local Industrial Strategy which will be transformational.
“This is an exciting time for our county and its future. Essex is an innovative county with strong commercial and industrial sectors, life sciences and creative industries and Essex is becoming a national hub for MedTech.
“We recognise that to truly deliver the transformation set out in the Industrial Strategy, Essex also has overcome some current challenges such as increasing its skills base and increasing productivity.”
The Industrial Strategy was promoted this morning by Claire Perry, Minister for Climate Change and Industry at the ground breaking ceremony at Stansted Airport College, an £11million technical college funding by Essex County Council and partners.