North Wales Growth Deal
The Growth Deal aims to transform North Wales into a centre of excellence for the following sectors:
- Agrifood and Tourism
- Digital Connectivity
- Land and Property
- Low Carbon Energy
- Innovation in High Value Manufacturing
The sectors chosen were identified as areas of market failure that have unlimited potential to develop the region's economy.
Funded by both Welsh and UK Government, the public and private sector, the Growth Deal is a total investment of up to £1.1 billion for North Wales.
The Growth Deal was signed officially in December 2020, progressing onto the next steps before delivery.