The six North Wales Councils will each receive a standard committee report proposing the establishment of a Joint Committee to make and manage a bid for a North Wales Growth Deal in the period from the 18th September 2017 to the 24th October 2017.
Councillor Aaron Shotton, Leader of Flintshire County Council and Chair of the Shadow Body leading the development of the proposals for a North Wales Growth Deal said: -
“North Wales is united in responding positively to the invitation from the UK and Welsh Governments to develop a Growth Deal for North Wales. Both Governments recognise that investment in North Wales will be good for the UK and Welsh economies. The region has world class assets in manufacturing, energy production and tourism. With the backing of a growth deal we can build on these strengths, become part of the wider Northern Powerhouse and enhance our position as the main gateway for trade with Ireland via the Port of Holyhead.
We want to make North Wales more prosperous by creating jobs, improving transport and digital connectivity, promoting innovation and research in the region and supporting our businesses better.
The amount of a North Wales Growth Deal is subject to negotiation but we will be aiming to secure in excess of £240m capital investment from both governments which will then leverage significant additional investment from the Private Sector, Universities and FE Colleges.”
Cllr. Dyfrig Siencyn, Leader of Gwynedd Council and Vice Chair of the Shadow Body said: -
Our economic strengths justify North Wales being treated equally with Cardiff and Swansea Bay city regions within Wales. We aspire to be an equal partner within the wider Northern Powerhouse Partnership.
We are committed to spreading the benefits of economic growth. We will reduce workless-ness and increase the proportion of the region’s population in work. Most importantly we are committed to reducing the big gap in average and household earnings between North Wales and the UK average.
We set out these goals in the North Wales Growth Vision in 2016. The Growth Deal that we will conclude in 2018 will be major milestone on the road to implementing our strategy and bringing greater prosperity to North Wales”
Posted on Friday 22nd September 2017