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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.

Vaughan Gething-22

Economy Minister calls on UK Government to provide more support for businesses facing high energy costs

The UK Government must do more to support businesses in Wales facing ever-increasing energy costs, Economy Minister Vaughan Gething has said.

Creo Medical Logo and Building - Credit Creo Medical Ltd.

Monmouthshire medical technology company to create 85 well-paid jobs thanks to Welsh Government support

Monmouthshire-based Creo Medical Limited is expanding and creating 85 well-paid jobs over 3 years, thanks to a £708,000 investment from the Welsh Government, Economy Minister Vaughan Gething has announced.

Vaughan Gething at KLA, California, USA March 2023

Welsh Government announces plan to expand Newport’s compound semiconductor cluster

  • Economy Minister confirms Welsh Government support for expansion of Newport’s compound semiconductor cluster is making progress.
  • Minister met leaders from leading semiconductor equipment company KLA during trade visit to California to reiterate Welsh Government support.
  • Welsh Government calls on UK Government to ’get on the pitch’ with a fully funded semiconductor strategy that matches ambition of global competitors.