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AIRFLO - 2

Welsh Government investment in Powys-based business secures and creates 65 jobs

  • Welsh Government awards £566,000 from the Economy Futures Fund to Airflo Fishing Products Ltd.
  • Brecon-based firm are the industry's leading manufacturer of PVC-free speciality fishing lines.
  • The investment secures 44 jobs and creates a further 21, paving the way for a quadrupling of exports to North America.
Sêr Cymru General

Sêr Cymru IV: Economy Minister announces £10m to support scientific research in Wales

  • Economy Minister confirms £10m investment for internationally recognised Sêr Cymru programme.
  • Sêr Cymru designed to build a “strong and dynamic” scientific research base in Wales.
  • Phase IV of the programme will focus on inspiring the next generation of scientists & developing disruptive innovations to help solve the socioeconomic challenges faced in Wales and the wider world.
  • Programme is a vital component of Welsh Government commitment to retaining and attracting talent, and further developing a highly skilled workforce.
Retail-4

New plan for a more resilient retail sector puts people and town centres first

  • New Retail Action Plan, developed in social partnership, contains actions that contribute to delivering shared vision of a fairer and more resilient retail sector.
  • Plan aims to improve the prospects of the retail sector and those who work within it.
  • Key actions to strengthen the sector during a period of significant change.
Vaughan Gething-22

Investment in Wales at risk due to UK Semiconductor Strategy delay, Economy Minister warns

  • Economy Minister reveals Welsh Government in active dialogue with several tech companies who have expressed an interest in investing in Wales.
  • Minister says companies may go elsewhere without assurances about UK Government support for the sector.
  • Minister writes to Science & Technology Secretary calling for the UK Government to publish long-awaited Semiconductor Strategy without further delay and to confirm investment in Wales.
ITSUS - Cyber Action Plan lanch

New plan to help protect Wales from cyber-attacks and grow cyber sector

  • Four priorities in a new Cyber Action Plan for Wales: Growing the cyber sector, building a talent pipeline, boosting resilience, and protecting public services.
  • The plan brings together government, industry, academia, and law enforcement.
  • The plan takes forward the Digital Strategy for Wales designed to create more user-friendly services in a stronger digital economy.
AMRC Manufacturing Plan-3-2

Welsh Government unveils plan to support transforming the manufacturing sector and embrace the fourth industrial revolution

  • The refreshed Manufacturing Plan for Wales is designed to ensure the sector is well placed to embrace and benefit from the technological change brought about by the fourth industrial revolution.
  • The plan will help ensure Wales remains a leading manufacturing nation with a more prosperous, equal and greener economy.
  • Wales’ manufacturing sector is facing a ‘perfect storm’ caused by global economic shocks, labour shortages, energy price rises and supply chain difficulties.
Indro Mukerjee, CEO of Innovate UK and Vaughan Gething, Welsh Government Economy Minister-2

Innovate UK and Welsh Government sign a new partnership agreement

  • UK’s innovation agency, Innovate UK and Welsh Government commit to a joint plan to help grow the Welsh economy.
  • Memorandum of Understanding signed between the Welsh Minister for the Economy and the CEO of Innovate UK, representing the first MoU agreed with a devolved government.
  • The plan will see Innovate UK and Welsh Government work together to create opportunities for innovators and entrepreneurs across Wales.
CATC Roman Drew image

Clash at the Castle Economic Impact Revealed

WWE’s “Clash at the Castle” event in Cardiff in 2022 delivered a massive 10:1 return on investment by channelling £21.8m back into the Welsh economy, a new report shows.

Wales 1-2

Welsh Government supports UK & Ireland UEFA EURO 2028 Bid

The Welsh Government is a full partner in the ambitious UK and Ireland bid to host UEFA EURO 2028, the First Minister of Wales has confirmed.

LEB-2

Aberystwyth construction firm set to build on their success thanks to Welsh Government investment

The Welsh Government is supporting Aberystwyth-based LEB Construction Limited to expand its operations at the town’s Glanyrafon Industrial Estate with a £537,000 investment which will help the company grow, Economy Minister, Vaughan Gething has announced today.

Vaughan Gething-22

Economy Minister confirms extra support to help former 2 Sisters staff find new jobs

The Welsh Government is making £206,000 of additional funding available to help former 2 Sisters factory staff on Anglesey find new jobs, Economy Minister, Vaughan Gething has confirmed.

Glass Systems Limited Baglan Industrial Estate artist impression March 2023 Copyright Glass Systems Limited 2023

Baglan land sale paves way for a multi-million-pound investment, creating 100 new jobs and safeguarding over 500

The Welsh Government has announced the sale of a 30-acre site on Baglan Industrial Estate to Glass Systems Limited, which will safeguard 500 jobs plus also create 100 new jobs.