Multi million pound growth deal for mid and north Wales

Backed by £120m each from the Welsh Government and UK Government the the deals are said to have the potential to transform the two regions’ economies by backing green and sustainable growth.

Welsh Government Minister for Economy and North Wales Ken Skates, whose constituency covers Chirk and the north Shropshire borer said: “This has been an incredibly difficult and challenging year for businesses across Wales, and we know that there are more challenges to come as we continue to deal with the effects of the pandemic.

“I’m pleased, however, that we are able to move forward with both the North and Mid Wales growth deals before the end of this year which will be key for the future."

He signed the Final Deal Agreement for the North Wales Growth Deal today (thurs).

Leader of Powys County Council Rosemarie Harris said: “We are extremely pleased to have achieved progress with both Governments in bringing forward the Mid Wales Growth Deal that will set the region in a strong position to start shaping the portfolio of potential investments over the next 15 years.”

The programmes for North Wales are made up of 14 projects covering low carbon energy, innovation in high-value manufacturing, agri-food and tourism, digital connectivity and land and property.

Their main objectives are to create 3,800 new jobs by 2036, support an uplift of £2.2bn for the economy over that same period, and deliver total investment of up to £1bn.

Among the first projects to get underway in 2021 is the £35m Morlais renewable energy scheme off the coast of Anglesey.

Meanwhile, there has been significant North Wales-wide investment in digital connectivity, with key sites – including GP surgeries, hospitals, and libraries – benefiting from ultrafast broadband thanks to the Department for Digital, Culture, Media and Sport, Local Full Fibre Network Programme, in partnership with the Ambition Board and Portfolio Office.

Praising the progress made, Secretary of State for Wales Simon Hart said: “It's fantastic see an exciting and transformative economic deal being delivered across North Wales.

“We want to build back better from the pandemic and bring jobs and investment to our communities, which is why UK Government has already committed £120m to this project.

“The North Wales Growth Deal is an incredible opportunity for the region and for the wider Welsh economy. Working hand in hand with local government and business, we will ensure it unleashes the full potential of North Wales.”