Written question WQ99569
- Asked by
- Dan ThomasReform
- To be answered by
- Cabinet Minister for Enterprise, Connectivity and Energy
- Tabled
- Due
- Answered
- Time to answer
- 5 days
Question
What consideration has the Cabinet Minister given to producing an economic plan for reindustrialisation?
Answer
Answered by Cabinet Minister for Enterprise, Connectivity and Energy (Adam Price)
Improving productivity must be at the heart of our approach to economic growth and reindustrialisation. That is why I have set out an ambition to halve the productivity gap with the UK over 10 years.
Delivering that will require a stronger focus on what we invest in, andon how we measure outcomes and align policies on skills, innovation, infrastructure, planning and business support to drive productivity growth in every part of Wales.
I am also considering the role a national development agency could play in helping deliver that mission, as set out in my statement on 7 July. The next step is to examine how such an agency could provide stronger coordination of investment and economic development activity, improve delivery across government and partners, and ensure we have the institutional capacity needed to support reindustrialisation and achieve our productivity ambitions.