A National Recovery Plan for Wales. Key Challenges The South Wales Chamber of Commerce identify the following key areas as they impact on the Business.

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Presentation transcript:

A National Recovery Plan for Wales

Key Challenges The South Wales Chamber of Commerce identify the following key areas as they impact on the Business Community: Growing Business Supplier Development A Falling Economy Rising unemployment Business Competition New Manufacturing

Building Future Business Entrepreneurship Manufacturing Procurement International Trade Our Government needs interaction with the business community to develop a new generation of support that will encourage Entrepreneurship and Trade:

Business Infrastructure Transport Environment and Energy Information Technology We need to construct a future growth in the Welsh Economy by investment in infrastructure:

Breaking Barriers to Growth Regulation Tax Employment There is a need to reduce regulation and tax burdens on Welsh businesses whilst stimulating employment

Recommendations Private and public sector Task and Finish Group to immediately address key challenges and provide realistic solutions Influential private sector businesses from a variety of industries to drive the Task and Finish Group Present the National Recovery Plan for Wales to the First Minister and Deputy First Minister and leaders of Wales’ political parties

National Recovery Plan : What it means Harness wealth of private sector experience and knowledge. Joint plan between public and private sector will boost confidence. A tool for Public Sector and local business leaders. Rural and Urban Wales will be embraced by single document. Wales must prepare for future opportunities now.