A Growth Deal worth £1 billion for businesses in North Wales will help show the rest of Britain just how special the region is.
This is according to corporate director of Gwynedd County Council Iwan Trefor Jones, who spoke to more than 60 companies at the Denbigshire County Council March for Business event at the OpTIC Technology Centre in St Asaph last week.
On March 6th, businesses and organisations congregated to learn how they are set to benefit from the impressive Growth Deal funding, which was put forward by North Wales Economic Ambition Board, Business News Wales reported.
Mr Jones noted that the Ambition Board is currently discussing additional finance to the £240 million the British and Welsh governments committed to last year.
He said this will be a “lever for around £1 billion of investment”.
“The Growth Deal itself is just part of the wider Growth Vision for North Wales,” Mr Jones commented, asking for businesses in the region to talk with the Ambition Board about how they can make changes for the better.
He added: “North Wales is special, North Wales is somewhere we all believe in, so let’s take this Vision forward together.”
Ashley Rogers, a member of the Ambition Board and chair of North Wales Mersey Dee Business Council, also chaired the forum. He stated that finance would help develop projects in the region, which would, in turn, have a significant impact on its economy.
Other March for Business events taking place this month include a conference regarding the digitalisation of tax returns at Ruthin Castle on March 13th, a Twitter seminar on March 14th at HWB Smithfield Road in Denbigh, and a branding and marketing forum at Oriel House Hotel on March 18th to name a few.
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