Rail freight serviced premises in Bristol will prosper from EU plans to make industry 20% of Europe’s economy

The European Commission has outlined plans to reindustrialise Europe so that 20% of its economy will come from industry by 2020, up from 16% now.

This is huge news for distribution and manufacturing warehouses as it promises an extremely prosperous future, one that the Government is actively backing. this support is exactly the news that investors want to hear to and will help to heighten the demand for all industrial spaces.

The commission says the EU needs its real economy now more than ever, to underpin growth and boost jobs.

Over the past decades, European companies have moved production to cheaper, developing countries.

It now says it needs to explore ways of boosting EU manufacturing or future competitiveness will be compromised.

it would not only be excellent news for all industrial premises but is an opportunity for British manufacturers to take the limelight that international investment has seen in recent months.

The commission hopes to improve the EU’s performance in industry by helping to iron out differences within the 27-country single European market that hinder the free movement of goods.

Its says too much of the internal market is regulated either by national technical regulations or not at all.

The commission plans to improve financing for small and medium-sized companies by making it easier for private investors to back them.

One of the sectors it hopes to expand is clean technology, where it says Europe has a dominant world market share in automatic waste separation, where materials can be sorted and recycled by machine.

With such positive prospective news for all of the British economy, commercial properties will be particularly expectant of a prosperous future.

Source: BBC