The 10 strategic growth sectors are:
1. Renewable Energy: This sector focuses on the development and utilization of renewable energy sources such as solar, wind, hydro, and geothermal power.
2. Digital Technology: This sector encompasses various technologies and services related to digital transformation, including artificial intelligence, cloud computing, big data analytics, and internet of things (IoT).
3. Healthcare and Life Sciences: This sector includes healthcare services, pharmaceuticals, biotechnology, medical devices, and telemedicine, among others.
4. Advanced Manufacturing: This sector involves the use of advanced technologies such as 3D printing, robotics, automation, and nanotechnology in manufacturing processes.
5. Sustainable Infrastructure: This sector focuses on the development of sustainable and resilient infrastructure, including transportation, energy, water, and waste management systems.
6. Financial Services: This sector includes banking, insurance, asset management, fintech, and other financial services that support economic growth and development.
7. Education and Skills Development: This sector aims to provide quality education and skills training to meet the demands of a rapidly changing job market and promote lifelong learning.
8. Agri-Food: This sector encompasses agriculture, food processing, and distribution, with a focus on sustainable and efficient production methods, food safety, and nutrition.
9. Tourism and Hospitality: This sector involves the development of tourism infrastructure, services, and experiences to attract domestic and international visitors and promote economic growth.
10. Creative Industries: This sector includes arts, culture, media, entertainment, and design, which contribute to economic growth, job creation, and cultural development.
These strategic growth sectors are identified based on their potential for economic growth, job creation, and contribution to sustainable development. Governments and businesses often prioritize investments and policies in these sectors to drive innovation, competitiveness, and inclusive growth.
