Siemens backs IFB 2014 and calls for greater investment in UK industry and skills
Global engineering company Siemens is today unveiled as the latest heavyweight sponsor of Liverpool’s International Festival for Business (IFB) 2014.
And the group aims to use the IFB platform to call for more international investment in manufacturing, research and development and UK skills.
Siemens will also be seeking support to have the Alan Turing Institute developed in the North West as well as calling for greater regional connectivity so that the region can become a true “global export hub”.
Named after World War II code-breaker and computer pioneer Alan Turing, the establishment of the institute was announced by Chancellor George Osborne in his budget a few weeks ago.
With £42m of central Government support for its first five years of operation, the institute will focus on analysing ways of collecting and organising large sets of data.
Siemens will be calling for the acceleration of this investment so that the UK can lead the global charge in what is being called “Industry 4.0” – a digital manufacturing revolution and a drive to develop more manufacturing through investing in advanced technology.
Its announcement comes just days after the North West Business Leadership Team (NWBLT) published a report titled Exploiting the Excellence which highlighted the business case for manufacturing and R&D investment in the North West.
Siemens, alongside EEF, the voice of British manufacturing, will be sponsoring the Manufacturing, Science and Technology Week at IFB, starting on June 23.
Juergen Maier, NWBLT chair and managing director of Siemens Industry UK, told ECHO Buisness: “This summer Britain has a once in a generation opportunity to reach out globally using IFB 2014 as a perfect platform to make the case for a renewed investment in the UK, especially in the North.
“Consumers have been driving the recovery so far – now it’s time for business investment.”
Date created: May 8, 2014