Rail Industry Collaborate to Promote UK Rail Overseas
- Rail Exports Leadership Group holds inaugural meeting attended by Paul Maynard MP
- Group provides a co-ordinated approach to increase exports and inward investment
- Goal is to develop UK capability and double exports by 2025
The Rail Supply Group (RSG), the leadership body for the rail supply sector have created the Exports Leadership Group (ELG) who held their launch meeting yesterday, attended by the Rail Minister, Paul Maynard MP.
The ELG represents a fresh, co-ordinated approach to increase exports and inward investment, working with partners within the Industry, rail trade bodies and Government departments (DIT, DfT and BEIS), to drive the UK rail exports. The bodies representing railway suppliers have welcomed the chance to provide an industry-led approach and strategy to develop UK capability so that export volumes will double by 2025.
Under the leadership of the ELG chairman Andy Milner, CEO of Amey, the group will develop strategies based on a framework of activity that includes but is not limited to:
- Scoping priority markets for better industry insight into opportunities
- Developing market strategies and associated delivery plans
- Enhancing related export support and funding mechanisms
- Developing an approach for UK and international consortia to improve UK market share
- Reviewing synergies across other sectors for potential infrastructure opportunities
The ELG will enhance the existing communications tools available to promote the UK rail sector overseas, enhance trade missions and exhibition support where relevant and invest in ways that existing exporters and those companies new to exporting can be better supported.
A jointly developed new evaluation tool will be used by industry to identify priority countries and market segments to strengthen future Government campaigns and deliver against industry priorities. The process will identify specific opportunities to focus on, such as projects; procurement programmes, or technologies. The Group will work closely with DIT and DfT to produce end to end market strategies and delivery plans for specific opportunities.
Paul Maynard, Parliamentary Under Secretary of State for Transport, said:
“The UK rail industry leads the world in rail expertise and we want to help promote our business’s skills and knowledge overseas. The Rail Exports Leadership Group is a great opportunity for the rail industry to collaborate, and to work with the Government to increase exports all over the world.”
ELG chairman and Amey CEO, Andy Milner, said:
“It is an exciting time to work in rail and as a sector we are all aware of the incredible potential for growth at home and abroad. The fresh collaborative approach adopted by the Rail Exports Leadership Group is a real opportunity to help the UK become a global market leader.
“As a group, we especially look forward to working with the rail supply chain to improve the promotion of international opportunities, increase support for exports and develop funding mechanisms that better involve new exporters”