A REFOCUSSED INDUSTRY POLICY
New Zealand is experiencing a period of rapid and unprecedented change, driven in large part by transformational forces relating to decarbonisation, ongoing technological disruption and the implications of COVID-19.
To address these changes, the Government launched a new Industry Strategy in 2019, outlining its approach to growing strong and innovative industries in New Zealand. At the core of the Industry Strategy is the development of Industry Transformation Plans (ITPs) for selected sectors of the economy, where there are opportunities to lift productivity and growth or where significant transition is required.
The Government is taking a partnership-led approach that builds a strong evidence base for action, uses specific sector strategies and roadmaps, leverages international connections, and provides clear and consistent signals on the direction of travel. This commitment includes developing ITPs for Digital Technologies, Agritech, Construction, Advanced Manufacturing, Food and Beverage, Tourism, and Forestry and Wood Processing.
For more information about ITPs, visit the Minister of Business, Innovation and Employment (MBIE)’s ITP page.
THE DIGITAL TECH ITP PROCESS
The Digital Technologies ITP is a long-term vehicle to bring together industry, with its knowledge, drive and understanding of the digital technologies ecosystem, and government, who is responsible for broad economic settings. It is a living document that combines a top-down view of the emerging sector, as reflected in its vision, and a bottom-up work programme based on evidence and business insights.
The Digital Technologies ITP has a vision of “The world looks to Aotearoa New Zealand as a leader in ethical, innovative, inclusive and sustainable digital technologies. These technologies enable our economy to prosper, help our businesses to grow stronger and compete internationally, and contribute to the wellbeing of all New Zealanders”.
The ITP is a collaborative effort between government and industry that has been in development since 2019. A Draft ITP was released for public consultation in February 2022. Consultation feedback was supportive of its direction and actions to accelerate long term growth in the sector. The final ITP reflects a consistent and high degree of engagement from the sector.
