First Minister to announce details of major investment summit
First Minister Eluned Morgan is set to announce a major investment summit will take place in Wales in 2025.
The First Minister will make the announcement when she addresses the CBI Wales Annual Dinner in Cardiff this evening [28th November].
The event follows the International Investment Summit held in London last month, where international investors met the First Minister, the Secretary of State for Wales, the Prime Minister and representatives of the UK and devolved governments.
Showcase
Eluned Morgan said: “I’m really pleased to announce next year’s summit, which will showcase Wales to global industry leaders and potential investors, highlighting the many opportunities and our strengths in key industries here in Wales.
“Economic growth is a top priority for me and the Welsh Government will do what it can to support Welsh business and help attract even more investors into Wales. We’ve seen many exciting announcements in recent months, creating hundreds of jobs, and it’s vital we keep that momentum going next year.”
Private sector
Katie Spackman, Associate Director, CBI Wales, welcomed the announcement: “Delivering the Welsh Government’s mission to grow the economy will come squarely off the back of the private sector.
“From an outstanding geographical location for green growth to its strength in depth in manufacturing, finance and tourism, Wales is a highly attractive destination for global investors.
The summit will be an important opportunity to put Wales on the map for international companies and harness the power of business to boost sustainable growth.”
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This should be an annual event and alternate between Swansea and Llandudno.
Why not alternate between places like the Rhondda and Blaenau Ffestiniog?
It needs to be on one of the mainlines to London because that’s where the investors live. But it shouldn’t just be Cardiff or the south.
Hows about Risca and Ebbw Vale
No one wil linvest due to idiot net zero. Just ask the car makers….
Can you expand on what you mean by ‘idiot net zero’?
This is a great idea (in theory) but what they must try to avoid is the arrival of get-rich-quick merchants who may be attracted by some of the more leftfield policies advocated by Welsh Government, and will merely be looking to scoop up a fast buck or two from the Bay coffers. Cymru needs a substantial wave of infrastructural investment alongside technological and engineering investment, and we require people interested in raising production levels in our SME’s and larger entities. The Jersey tax avoidance schemers, and the “lets build a wind or solar farm” crowd have to be sidelined at… Read more »
Until the brynglas tunnel traffic problems are sorted ,no large company will wantbto invest huge sums in thecsouth wales area