North Wales

Billions in investment to transform North Wales economy

North Wales is experiencing an unprecedented wave of investment, securing billions of pounds and creating thousands of high-quality jobs as the region embraces next-generation technology and industrial innovation.

The landmark Wales Investment Summit, held today in Newport, brings together over 300 industry leaders from 27 countries, including 150 new investors to Wales, to explore opportunities across the region.

Major investments that are contributing to growth include confirmation of Anglesey’s role as the site of the UK’s first small modular reactor nuclear power station. As a £2.5 billion partnership between the UK Government, Great British Energy-Nuclear and Rolls-Royce SMR, the project will create 3,000 jobs and marks the most significant industrial investment in North Wales for a generation.

Alongside this, the North Wales AI Growth Zone will unlock billions in tech investment and future-proofing the regional economy, and a state of the art factory in Shotton to create 140 jobs.

Rebecca Evans, Welsh Cabinet Secretary for Economy, Energy and Planning, commented:

“We have raised the profile of Wales as an outstanding investment destination with key sectors that boast world class capabilities, and North Wales is benefitting with high-quality jobs in key sectors.

“The Investment Summit will further spotlight how we are creating the right conditions for foreign investment to flourish, particularly in industries that will define the next decade.”

North wales investment QUOTE

These projects build on Wales’ strong performance in attracting foreign investment. In 2024–25, Wales secured 65 Foreign Direct Investment projects, up 23% year-on-year, creating 2,470 new jobs and safeguarding 1,652 more—the highest of any UK region.

 

Image credit: iStock

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