Patel outlines ‘step change’ investment, export and jobs targets for 2023/24

Trade, Industry and Competition Minister Ebrahim Patel outlined firm investment, localisation, export and manufacturing jobs targets in his 2023/24 Budget Vote address to Parliament this week. In a speech prefaced by what the Minister described as a world in in the midst of ‘polycrisis’, or the simultaneous occurrence of several catastrophic events, Patel said his department’s central mission was to build a more resilient economy that was able to grow and transform “despite extraordinary headwinds and challenges”.