Wednesday, 20 Mar 2013
UKTI Strategic Relations Team
This is a key part of the Growth agenda and part of a wider drive by Government to improve relationships with companies of all sizes and sectors. By understanding business concerns and by being clear about Government’s own priorities, this approach makes a real difference to trade and investment.
The Strategic Relations team has a coordination role across Government to encourage more communication between the various government teams that deal with the largest investors and exporters and will support teams and Ministers in developing a long-term strategy for Government’s relationship with them.
establishes a forum for strategic dialogue with existing and potential customers;
ensures our major investors and exporters have a coherent relationship with Government;
enables the whole of Government to be harnessed for the drive to win large scale inward investment and high value business overseas for our exporters.
Ministers play an important part in helping to develop and sustain winning relationships with major investors and in supporting top exporters. In this, UKTI has adopted best practice from private sector professional services organisations.
If your company is interested, please discuss the issue with your normal point of contact within Government, who will be able to discuss the range of ways Government interacts with business and who will be able to get in touch with the Strategic Relations team.
There are three parts to the Strategic Relations team
The Strategic Relations team is focussed on supporting Ministers and officials across government to develop a coherent whole-of-government relationship with 50 of the largest investors in the UK. The approach increases trade and investment and improves the coherence of a company’s engagement with government
The Strategic Relations Team role includes helping to generate economic growth and jobs by increasing capital investment into the UK, especially in the UK’s infrastructure. The Team does this by developing strategic relations with key overseas institutional investors (e.g. Sovereign Wealth Funds and Pension Funds), UK developers, regulators and policy departments.
The team works with Infrastructure UK and other partners to secure new investment into priority areas (including energy, transport and water) by matching the UK's needs and investor interest. The UK's National Infrastructure Plan estimates that £310billion additional ‘green field’ investment is required to cover projects to 2015 and beyond.
The team is also supporting regeneration projects of national importance such as the Nine Elms regeneration project in London.
Integrated Account Management
UKTI is introducing a framework to offer a more integrated approach to Account Management across Government. The new model recognises that strong relationships are key to successfully meeting ambitious targets and can only be achieved through high quality, consistent, account management across Government. Under the new model, a wide range of companies, which have been identified as important to UK economic growth, will have a clearly defined account team to help resolve queries and understand the range of services available from UKTI. This approach will be rolled out across UKTI by the end of 2013 and compliments the work currently being carried out by the Strategic Relations Team mentioned above.
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