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Liverpool City REGION: LOCAL INDUSTRIAL STRATEGY

Our Local Industrial Strategy sets out Liverpool City Region’s vision for transforming together: delivering a competitive, clean and inclusive City Region.

Liverpool City REGION: LOCAL INDUSTRIAL STRATEGY

Our Local Industrial Strategy sets out Liverpool City Region’s vision for transforming together: delivering a competitive, clean and inclusive City Region.

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The Local Industrial Strategy will articulate how we will build on our distinctive economic strengths, tackle our challenges, and develop transformational policies

Our Local Industrial Strategy sets out Liverpool City Region’s vision for transforming together: delivering a competitive, clean and inclusive City Region. It provides a framework for our investment decisions, and for our conversations with government about how we work together, through devolution, to maximise prosperity for all people and communities.

Founded on extensive engagement and a collaborative approach with our partners, the Local Industrial Strategy articulates how we will build on our distinctive economic strengths, tackle our challenges, and develop transformational policies to unlock growth and be a catalyst to the development of an inclusive economy.

Underpinned by evidence and aligned with the National Industrial Strategy’s Grand Challenges our Local Industrial Strategy is focused across a number of transformational opportunities that builds on our key assets and competencies:

  • Building a sustainable industrial future through utilisation of industrial digital technologies;
  • Open health innovation to improve health and wellbeing whilst developing new market opportunities;
  • Global cultural capital, through creating a City Region where culture creates prosperity for all;
  • Social innovation to solve society’s deepest challenges;
  • Pioneers of the zero-carbon economy, to become a national leader in clean growth and a net zero carbon City Region by 2040;
  • Tech for good, which utilises our specialisms to use technology and data in a way that improves society and addresses global challenges.

To realise these opportunities, we need to further improve our performance against the five foundations of productivity:

  • Thriving and distinctive places (places);
  • The opportunity to turn potential into prosperity (people);
  • A dynamic business base creating opportunity (business environment);
  • Collaboration that translates innovation into impact (ideas);
  • Connecting all of our communities to opportunity (infrastructure).

Each of these are addressed in turn within the strategy.

Taken together, the realisation of our opportunities and the range of actions set out in the Local Industrial Strategy will support the City Region in being a globally competitive, clean and fully inclusive economy.

The Local Industrial Strategy was agreed locally in March 2020. Since then, the COVID-19 pandemic has altered the landscape, and so the next stage will be to reframe the strategy to ensure that the fundamental changes within economy and society are fully reflected. Despite the pandemic, the opportunities identified in the Local Industrial Strategy hold true, and this has been key in informing the development of the City Region’s ‘Building Back Better’ Recovery Plan

Click on the button below to read the Liverpool City Region Local Industrial Strategy

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