West Midlands Combined Authority Strategic Economic Plan
The West Midlands Combined Authority came into being on the 17th June and launched its Strategic Economic Plan (SEP). The SEP sets out the context for the devolution agreement and explains how new powers and resources will deliver an ambitious vision for the region in 2030. There are 8 priority issues that the WMCA will look to tackle: 1. New manufacturing economy: Creating the biggest concentrations of high value manufacturing businesses in Europe and their supply chains. 2. Creative and digital: Further developing this vibrant and flourishing sector. 3. Environmental technologies: Securing transformational environmental improvements. 4. Medical and life sciences: Enabling the further growth of the medical and life sciences sector. 5. HS2 growth: Maximising the benefits of the largest infrastructure project in Europe. 6. Skills for growth and employment for all: Ensuring the skills needs of businesses are met and everybody can benefit from economic growth. 7. Housing: Accelerating the delivery of current housing plans to increase the level of house building to support increased level of growth. 8. Exploiting the economic geography: Making the most of the scale and diversity of the West Midlands’ geography to enable economic growth and community wellbeing throughout urban and rural areas. a summary version of the SEP is available on the West Midlands Combined Authority website.