reindustrialize

/ˌriːɪnˈdʌstriəlaɪz/
verb
  1. To revive or rebuild the industrial sector of a country, region, or economy after a period of decline.
    • The city hopes to reindustrialize its economy by attracting new automotive plants.
    • The government launched a plan to reindustrialize the old manufacturing towns.
    • Many countries are trying to reindustrialize by investing in green technology factories.
Synonyms
What does "reindustrialize" mean? | whatsthatwordmean | whatsthatwordmean