Five-Point Plan Implemented for UK Port Success
In an effort to continue leveraging the major port’s prior successes, the UK Major Ports Group composed and implemented a five-point plan this week during the Annual Parliamentary reception, according to a release. The plans five points focus primarily on connectivity, the trade environment as well as location and the ability to develop and create a sustainable framework that boosts growth in an uncertain time.
“This is the time for ports. The current focus on Brexit and the UK’s trade with the world has shone a light on ports and their importance to the U.K. And it’s not just the current context. The ports sector is on the cusp of major technological change to radically transform the business models of major ports and many of our customers and supply chain partners. So, it’s never been a more important or exciting time to be in the ports sector. The members of the U.K. Major Ports Group are ambitious to invest more in the U.K. and grow the £7.6bn of value we directly contribute to the U.K. as well as the vital enabling role facilitating trade we provide for the rest of the economy. That’s best achieved by industry and government working together and today’s 5-point plan identifies the key areas where that needs to happen, ” UKMPG Chair and Chief Executive of Forth Ports Charles Hammond said in the release.
The outline for the plan as follows:
-Ensure the UK has a major ports sector than can continue to thrive in a changing world
-Promote connectivity that boosts trade, productivity and sustainability
-Create a positive planning and development framework to boost investment and jobs
-Deliver a balanced environmental approach that delivers both sustainability and growth
-Makes sure the UK is well placed as a location to develop the ports of the future
Considering the fact that 95% of the UK’s trade is via the sea, the outline is a good indicator of the strength seen within a hugely successful sector in the global trade industry, even in the midst of the Brexit controversy.