Aims
- To build a more vibrant, sustainable and resilient economy in North Wales.
- To build on our strengths, to boost productivity while tackling long-term challenges and economic barriers to deliver inclusive growth.
- To promote growth in a scalable, inclusive and sustainable way, in line with the Well-being of Future Generations (Wales) Act 2015.
Benefits
- Growth in regional prosperity: improved productivity, inward investment and the creation of new jobs.
- Better-quality jobs: through targeted interventions in high value sectors.
- More skilled workforce: supporting skills and training initiatives and targeted interventions in high value sectors.
- Improvements in standards of living: inclusive growth that provides opportunities, reduces poverty, inequality and deprivation.
Objectives
4,200
new jobs created£2.4bn
net additional GVAInvestment Targets
£240m
Governments£179m
Other Public Sector£721m
Private Sector>£1bn
Total InvestmentProgrammes
The Growth Deal programmes will address known challenges within the region, unlock opportunities and build on our strengths. They align with our ambition for North Wales.