Home Big Biz EU Commission Identifies 6 Strategic Sectors To Boost Europe’s Competitiveness

EU Commission Identifies 6 Strategic Sectors To Boost Europe’s Competitiveness

The identified sectors are; Connected, clean and Autonomous vehicles; Hydrogen technologies and systems; Smart health; Industrial internet of Things; Low-carbon industry; and CyberSecurity.

EU Commission Identifies 6 Strategic Sectors To Boost Europe's Competitiveness
EU Commission Identifies 6 Strategic Sectors To Boost Europe’s Competitiveness

The European Commission on 5th November published recommendations by a group of experts, the Strategic Forum on Important Projects of Common European Interest, to boost Europe’s competitiveness and global leadership in six strategic and futureoriented industrial sectors.

The identified sectors are; Connected, clean and autonomous vehicles; Hydrogen technologies and systems; Smart health; Industrial Internet of Things; Low-carbon industry; and Cybersecurity.

Commissioner Elżbieta Bieńkowska, responsible for Internal Market, Industry, entrepreneurship and SMEs, said: “Our Single Market, one of the Largest Markets in the world, is a unique springboard for our industry to compete globally.”

“To make the most of it, we need to collectively invest in being at the forefront of technological development,” the commissioner said.

According to European Commission’s statement, the important Projects of Common European Interest (IPCEIs) comprise innovative research projects that often entail significant risks and require joint, well-coordinated efforts and transnational investments by public authorities and industries from several Member States.

By investing jointly in Europe’s industrial strengths and assets, the EU can generate jobs and growth across sectors and regions and strengthen its role on the global stage, the commission said.

Strengthening Strategic Value Chains for a future-ready EU Industry – report of the Strategic Forum for Important Projects of Common European Interest