Industry Transformation Plans

The Government committed to stopping Industry Transformation Plans (ITPs) as part of the National-Act Coalition Agreement and its 100-Day Plan.

ITPs were developed for 8 sectors: Advanced Manufacturing, Agritech, Construction, Digital Technologies, Fisheries, Food and Beverage, Forestry and Wood Processing and Tourism.

Work on Industry Transformation Plans has stopped, and the Government’s commitment completed.

What is an Industry Transformation Plan?

Industry Transformation Plans (ITPs) are a key mechanism for implementing the Government’s industry policy.

Created in partnership between business, workers, Māori, and Government, an Industry Transformation Plan sets an ambitious long-term vision for a transformed future for each sector and identifies actions partners can invest in that will drive a step change to realising it.

ITPs are focused on long-term transformation, and identify actions and initiatives for near-term implementation over 1 to 3 year periods.

Industries identified for the development of an Industry Transformation Plan are those with significant potential to contribute to a high productivity, high wage, lower emissions economy.

This might be through shifting an existing industry to higher value, shifting the performance of large and interconnected industries, or scaling up high potential industries to be a larger part of our future economy.

Further detail about industry policy and the ITP Programme can be found at the bottom of this page:

Related cabinet papers and minutes

In this section

Construction

Whilst the Transformation Plan stops, the Construction Sector Accord is to continue in a different form.

Digital Technologies

The Digital Technologies Industry Transformation Plan (ITP) has been developed in partnership with industry over the past few years.

Tourism

The Tourism ITP has an objective to enable a transition towards a regenerative tourism system, which is one that gives back more to New Zealand’s environment, infrastructure, and people than it takes away. Initially, the ITP will focus on Better Work: maximising the benefits that tourism employment delivers.

The Tourism ITP is being led by MBIE.

Last updated: 21 December 2023