Ambition North Wales aims to “see the region develop sustainably, with opportunities for people to gain new skills for the future and develop rewarding careers.
For businesses to grow and for communities to prosper. All whilst being champions of the Welsh language, culture and heritage and in line with the well-being goals for Wales”.
Making North Wales:
Connected:
- Improve digital connectivity and infrastructure.
- Enhance connectivity for the region's businesses and residents
Smart:
- Developing and promoting innovative and high value projects in our region's key sectors
- Strengthening supply chain opportunities and advancing economic performance
Resilient:
- Creating job opportunities and increasing employment levels
- Focus on retaining young people in North Wales
Sustainable:
- Develop projects that produce little or no carbon emissions and have a positive impact on biodiversity
- Securing the long-term future of our projects for future generations
The North Wales Economic Ambition Board, the joint-committee and decision-making body, responsible for the Growth Deal, worked collaboratively with Welsh Government, UK Government and the private sector to develop the North Wales Growth Deal. In December 2020, the Deal was approved securing £240m investment by both Welsh and UK governments.
The North Wales Growth Deal’s five programmes will bring £1 billion of investment to North Wales over the next fifteen years. It will create a vibrant, sustainable, resilient and thriving economy for the entire region.
The five programmes are as follows:
- Agri-food and Tourism
- Digital Connectivity
- Innovation in High Value Manufacturing
- Land and Property
- Low Carbon Energy
The Growth Deal projects will contribute to the overall economic impact:
- To create up to 4,200 new jobs in the region.
- To increase net addition GVA by up to £2.5 billion
- Growth in regional prosperity, by improving productivity, attracting inward investment and the creation of new jobs
- Create better-quality jobs through targeted interventions in high value sectors
- Develop a more skilled workforce by supporting skills and training initiatives and targeted interventions in high value sectors
- Improvements in standards of living by delivering inclusive growth that provides opportunities, reducing poverty, inequality and deprivation.