Global Works – local growth and local diplomacy in Global Britain

Global Works – local growth and local diplomacy in Global Britain

GLOBAL WORKS – LOCAL GROWTH AND LOCAL DIPLOMACY IN GLOBAL BRITAIN

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This document sets out a roadmap and action plan for the Thames Estuary Growth Board to coordinate international investment activity and to enhance the Estuary’s Global Britain presence. It is a programme to secure international investment, trade and innovation.

Intended to be a bespoke, focussed, and high impact action plan grounded in evidence and wide learning it offers a fresh, strategic approach and a clear programme with tangible aims and outcomes to:

  • Accelerate growth and increase opportunities to innovate.
  • Boost trade and investment through new and complementary partnerships, including the “Global Estuaries Network”.
  • Embed entrepreneurial and flexible ways of working between regions and communities nationally and internationally to deliver economic and community growth and levelling up.
  • Forge a new approach to international partnerships through the fives strands of the “Global Works” programme as a defining feature of the Estuary approach – and thus add value to Global Britain policy to support investment, trade and innovation.

In setting out to deliver this ambitious vision, Global Works combines with the Thames Estuary’s INVESTUARY inward investment platform to raise global awareness of the Thames Estuary as a “go to” place to invest and an effective ally to partner regions across the UK.

Building on the wide-ranging research, the roadmap define 5 strands of action:

Envoy outreach: Shaping and driving engagement with investors and international partners through a carefully curated and targeted outreach programme for the Government-appointed Thames Estuary Envoy.

The Global Estuaries Network: Bringing together estuaries and estuarine cities around the world to boost investment, trade and innovation.

Board outreach: Deploying the international strength, reputations and networks of Thames Estuary Growth Board members to raise profile and help develop new international investment opportunities.

Local Diplomacy: Reviewing market intelligence, securing support from Ministers and departments and working with emerging businesses to ensure the continuing dynamism of the programme.

INVESTUARY: Maximising the impact of the new Thames Estuary inward investment platform to be launched at the UK Real Estate Investment and Infrastructure Forum (UKREiFF) later this year.

Too many international strategies get diverted – this roadmap is evidenced based, distinctive, and firmly focussed on investment and growth. Success will be measured against the investment it secures.

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