Chair of the Regional Economic Partnership, Councillor Ellen ap Gwynn, has welcomed proposals for a Mid Wales Growth Deal, setting out plans to build a Welsh economy that is fit for the future.
As part of Chancellor Philip Hammond’s Autumn Budget speech on Wednesday, 22nd November, it was announced that the UK Government is open to proposals for a Mid Wales Growth Deal.
Councillor Ellen ap Gwynn, Chair of the Regional Economic Partnership and Leader of Ceredigion County Council said, “The announcement regarding the development of a growth deal for Mid Wales is very good news, and builds on a lot of work we have to done to date in the region. The deal will be a vital step in transforming the economy of an area which is often left behind, and we look forward to working collaboratively to ensure the deal can deliver prosperity for all parts of our region.”
Growth deals provide funds for ambitious projects that form part of a long-term strategic approach to transforming regional economies. Each deal is bespoke, and builds on evident strengths and opportunities in the region.
Councillor ap Gwynn continued, “Now that areas in South Wales have their city deals in place and North Wales are near to having their own growth deal, it’s pleasing to hear that the UK Government is beginning to address that mid Wales needs similar amounts of commitment and investment put into the area. We want to be given the chance for our region to flourish.”
Preliminary discussions are already taking place with stakeholders at regional, Welsh and UK levels regarding a potential growth deal for Mid Wales.