Magnet Projects

Overview
Wales is focusing on creating and promoting world-class facilities for business growth in Wales, using “magnet projects” as opportunities for businesses and as a means to elevate Wales’ reputation for assets, skills and research and development capability.
A 'Magnet Project' can be defined as a project that has the significance and stature to attract new investments, skills and collaborations.
Magnets are a catalysts to attract further investment to specific parts of Wales. They complement our City and Growth Deal approach and UK Government initiatives such as Northern Powerhouse and the South-West Alliance, and will promote Wales as a test bed for research and development as well as future cutting edge technologies.
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