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 GVA

Investment Targets

£240m

Growth Deal

£179m

Other Public Sector

£721m

Private Sector

>£1bn

Total Investment

£240m Growth Deal Investment funded by

Programmes

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.