NORTH WALES GROWTH DEAL The North Wales Economic Ambition Board Overview Vision Principles
The NWEAB covers the six Local The Growth Vision was founded on Authority areas of the region three key principles: comprising the Councils of • Smart North Wales – with a Gwynedd, Anglesey, Conwy, focus on innovation and high Denbighshire, Wrexham and The NWEAB vision for North value economic sectors to advance economic performance. Flintshire. Wales is as ‘a confident, The Board also includes the cohesive region with • Resilient North Wales – with a University of Bangor, Glyndwr sustainable economic growth, focus on retaining young people, University, Coleg Cambria and capitalising on the success of increasing employment levels and skills to achieve inclusive Grŵp Llandrillo Menai high value economic sectors and our connection to the growth. economies of the Northern • Connected North Wales – with Powerhouse and Ireland’ a focus on improving transport and digital infrastructure to enhance strategic connectivity to and within the region
The North Wales Growth Deal
Aims Investment Spending Objectives
• To build a more vibrant, sustainable and resilient economy in North Wales. • To build on our strengths, to Create 3,400 – 4,200 boost productivity while net additional jobs tackling long-term challenges and economic barriers to deliver inclusive Generate £2.0 £2.5 growth. – billion in net • The approach is to promote additional GVA growth in a scalable, inclusive and sustainable way, in line with the Wellbeing of Future Generation (Wales) Act 2015. GROWTH DEAL MILESTONES Portfolio Management Team
Alwen Williams Cyfarwyddwr Portffolio | Portfolio Director
Hedd Vaughan-Evans Rheolwr Gweithrediadau | Operations Manager
Henry Aron David Mathews Robyn Lovelock Nia Medi Williams Stuart Whitfield Rheolwr Rhaglen Ynni | Rheolwr Rhaglen Tir ac Rheolwr Rhaglen | Uwch Swyddog Rheolwr Rhaglen Digidol | Energy Programme Eiddo | Programme Gweithredol | Digital Programme Manager Manager Land and Property Manager Senior Operational Officer Programme Manager
Elgan Roberts Erin Gwenlli Thomas Angharad Evans Rheolwr Prosiect Ynni | Swyddog Cyfathrebu ac Swyddog Cefnogi Energy Project Manager Ymgysylltu | Rhaglen | Communications and Programme Support Engagement Officer Officer THE PROGRAMMES Low Carbon Energy Programme Investment:
Low Carbon Energy Programme Spending Objectives: Morlais
Benefits:
To create 90-110 jobs
• The Growth Deal funding will support GVA impact of £45-55m constructing the infrastructure that connects the Morlais Zone with the 14-180MW Installed electricity grid system. Capacity of Low Carbon Energy Growth Deal Funding: £9m • Constructing the grid connection Public Investment: £27m infrastructure would position the zone £43m-£392m of indirect Total Investment: £36m as the first consented, expandable and private investment technology agnostic site in the world unlocked through with up to 180 MW of potential. deployment of tidal turbines
63-804 tonnes of CO2e savings by 2036
Low Carbon Energy Centre of Excellence
Benefits : Up to 26 new jobs • Growth Deal funding will provide capital to develop infrastructure at Bangor GVA impact of up to £24m University and Menai Science Park, Growth Deal Funding: £21m enhancing capabilities for innovation in Increase skills and Public Investment: £75.7m the energy sector and helping to create knowledge in the area Private Investment: £1m the conditions for new inward R&D projects delivered will Total Investment: £97.7m investment and business growth in the increase knowledge transfer low carbon energy supply chain. and business / academic partnerships with the private sector Trawsfynydd Power Station
Benefits : Between 455 and 557 new jobs • First of its kind deployment of SMR or AMR GVA impact of £206-£252m
• The Growth Deal will £360m direct private sector Growth Deal Funding: £20m enable infrastructure and position North leverage £2bn indirect Public Investment: £20m Wales at the cutting edge of innovation private sector investment Private Investment: £360m and R&D in a technology that has 300-700MW new installed Total Investment: £400m significant potential for deployment capacity of low carbon across the UK energy
2,660-2,206 tonnes of CO2e savings by 2036
Smart Local Energy
Benefits: Up to 193 new jobs
GVA impact of £110-134m • To achieve net zero targets, investment is needed to overcome market failures Unlocking investment in low and unlock smart local energy solutions carbon energy projects
• The Project aims to enable private, Increased local ownership in Growth Deal Funding: £25m public or community sector-led energy investments Public Investment: 6.2m renewable / energy demonstrator Private Investment: £75m projects that contribute towards Increased capacity of low Total Investment: £106.2m decarbonising the regional economy carbon energy projects and local ownership targets Delivery of innovative demonstrator projects that can be replicated to help achieve Net Zero targets
Transport Decarbonisation
Benefits:
Between 79-97 new jobs • Subject to feasibility studies, the project aims to develop a hydrogen hub around GVA impact between £55- the Deeside Industrial Park in Flintshire £67m
• The hub would act as a demonstrator Decarbonised transport project, with green hydrogen produced Growth Deal Funding: £11.4 networks with hydrogen from renewable energy being used to Public Investment: 11.5m fueled vehicles decarbonise local transport networks by Private Investment: £5.7m
powering hydrogen fuelled vehicles such Green hydrogen production Total Investment: £28.6m as buses and HGVs and usage
Demonstrator project that can be replicated elsewhere Innovation in High Value Manufacturing Programme
Investment: Centre for Environmental Biotechnology
Benefits:
Grant capture • CEB will be a world-leading centre in the discovery and characterisation of novel extremophilic enzymes of industrial New enterprises relevance. collaborating per annum
• CEB will provide a strong foundation for attracting world-leading researchers, New researchers employed Growth Deal Funding: £3m significant public and commercial research Public Investment: £6.6m funding, and inward investment to Wales. Jobs created Total Investment: £9.6m
• CEB will also help drive new collaborations with industrial partners and other research Private sector investment institutions in innovative research areas. leveraged
GVA generated
Enterprise Engineering and Optics Centre
Benefits: • The project will provide facilities to boost high level skills development and enable SME’s Businesses co-located and large businesses to work in partnership with Wrexham Glyndwr University on research and development. Business partnerships brokered • The new state-of-the-art equipment will Growth Deal Funding: £10m include educational provision and support Private Investment: £19.8m business to deliver on priority growth sectors Jobs created across Precision Optical Total Investment: £29.8m systems, Photonics, Microwave Technology Private sector investment and Composite Materials and Hydrogen Cell leveraged Technology. GVA generated
Agri-food and Tourism Programme Investment:
16 Glynllifon Rural Economy Hub
• The Rural Economy Hub will Benefits: deliver the following two facilities: • Knowledge Centre: creating a pool of Direct jobs practical experience to support innovation and enterprise growth in the GVA (£) Growth Deal Funding: £10m region. Food grade accommodation Public Investment: £3m • Food Enterprise Park: which will Total Investment: £13m include flexible food grade units floorspace developed (m2) designed to attract start-ups and growth SME's. New businesses locating to Rural Economy Hub
Llysfasi Carbon Neutral Centre
Benefits: • Aims to lead North Wales to a resilient future where Direct jobs carbon neutral land management is at the centre of a developing GVA (£) renewable energy sector. Growth Deal Funding: £10m Knowledge transfer Public Investment: £2.7m • Supporting a sustainable, thriving Private Investment: £2.7m and healthy community covering Commercial innovation projects Total Investment: £15.4m supported the rural/urban mix of the region. Businesses diversified through support
Tourism Talent Network
Benefits:
Increased private sector investment
• The Tourism Talent Network sets Workforce skills better aligned out to future-proof skills provision with employer needs and increase commercial benefits More people with high Growth Deal Funding: £4.5m from one of the most well qualifications in the Tourism Public Investment: £6.7m established and fastest growing sector Private Investment: £1.7m
sectors in the region. Retention of young people Total Investment: £12.9m staying in the area
Improvement in standards of living across the region
Improved customer satisfaction
Digital Programme
Investment:
Spending Objectives: Full Fibre – Key Sites
• Deliver gigabit capable full fibre connectivity to 28 key business sites across North Wales. Benefits: 4,100 business premises • The focus of the project is to Growth Deal Funding: £6.8mm and 450 residential provide access to full fibre Private Investment: £0.4m premises able to access services that are more affordable, Total Investment: £7.2m gigabit capable full fibre scalable and meet the needs of broadband. the regions’ SMEs. Connected Campuses
• This project aims to accelerate the development of ‘Connected Campuses’ at 19 key regional economic sites. • The project will target key sites which present use cases for Benefits: both high bandwidth wireless 2,600 business premises and low power wide area with access to high Growth Deal Funding: £21m access networks (e.g. 5G and bandwidth 5G and low Total Investment: £21m LoRaWAN). Target power Wi-Fi services beneficiaries include heavy and light industries, R&D, logistics and an expansive ‘rural campus’ to support agriculture and land based industries. Connecting the Last Few %
• This project targets delivery of superfast broadband coverage across North Wales to premises Benefits: which have yet to be served by 10,100 residential and other means and cannot obtain 4,300 business premises Growth Deal Funding: £4m speeds of at least 30Mbps with access to superfast broadband achieving Total Investment: £4m download, in conjunction with UK speeds of at least and Welsh Government 30Mbps programmes. Connected Logistics Corridor
• This project targets extensive delivery of high bandwidth Benefits wireless connectivity on the region’s main road and rail 1.57 million rail journeys transport routes to support and 1.3 million road Growth Deal Funding: £2.2m multiple services including journeys benefitting Total Investment: £2.2m passenger connectivity, 5G connectivity transport and logistics applications. Digital Signal Processing Centre
• The project will develop Bangor
University’s existing DSP Centre further with the acquisition of state Benefits of the art equipment. The Centre 15 direct FTEs created is bringing together researchers to within the DSP Centre Growth Deal Funding: £3m work alongside high profile Public Investment: £3.2m international companies and 145 indirect FTEs created Private Investment: £1.1m through business support Total Investment: £7.3m Welsh SMEs to explore disruptive and outreach. solutions using emerging 5G technology. Land and Property Programme Investment: Western Gateway, Wrexham
Benefits : 5 ha of development land capable of sustaining circa • Provision of primary services and 8,000 sq. m of highway improvements to a commercial/business accommodation. Growth Deal Funding: £9.1m development site adjacent to Public Investment: £1.9m Wrexham Tech Park to enable the Serviced land for 48 new Private Investment: £32.4m private sector to invest. homes Total Investment: £43.4m
360 net additional FTE jobs
£32.4m direct and indirect private sector investment Warren Hall, Broughton, Flintshire
Benefits:
22.7 ha of employment/ business land capable of • Provision of primary services to a accommodating up to 10,000 65-ha mixed development site sq. m of employment space.
close to the A55 Junction 36. This will provide a large serviced 8.1 ha of residential Growth Deal Funding: £15m development land to deliver development site removing risk Private Investment: £55m 300 new low carbon homes Total Investment: £70m and providing cost certainty in the market 1.3 Ha local centre
445 net additional FTE jobs
£55m direct private sector investment Key Strategic Site, Bodelwyddan
Benefits: 26 ha of serviced employment land capable of • 137 ha mixed use greenfield development site close to Junction sustaining 9,500 sq m of close to Junctions 25 and 26 of the business accommodation. A55. The proposed development Circa 60 ha of residential scheme would provide 26 ha of Growth Deal Funding: £10m employment land and land for 1,715 development land capable Private Investment: £72m residential plots. A local centre, a of sustaining 1,715 homes. Total Investment: £82m primary school, medical centre, leisure and recreational facilities will 280 net additional FTE jobs also be provided. £72m of direct private sector investment in Phase 1. £185m over the full scope of the development. Former North Wales Hospital, Denbigh
Benefits:
50 net additional FTE jobs
Refurbished Grade 2* Listed • A former Victorian hospital site Building converted into 32 comprising a number of Grade 2* apartments Listed buildings. The proposed Growth Deal Funding: £4m development has a development 300 new homes on brownfield Private Investment: £70m land Total Investment: £74m partner selected by the Council
1,100 sq. m of commercial and business accommodation £70m of direct private sector investment Parc Bryn Cegin, Bangor
• The provision of advance Benefits: employment/business 50 net additional FTE accommodation on a partially jobs serviced business park with 17 ha Growth Deal Funding: £6m net development land on the 3,000 sq. m of advance Total Investment: £6m outskirts of Bangor close to new business Junction 11 of the A55. accommodation Holyhead Gateway
Benefits: 11.7 ha land reclaimed from the seabed • Creation of a multi – purpose berth to accommodate cruise and freight Capacity to accommodate ships of up to 370m. large freight and cruise ships
£45m of direct private sector • Highway improvements to link the Growth Deal Funding: £35m port to the A55. investment Private Investment: £45m • Pedestrian improvements linking 50 plus cruise ship visits with Total Investment: £80m the railway station to the ferry 39,000 visitors (and 18,000 crew visits) passenger terminal 925 net additional FTE jobs.
Indirect spend from cruise ship visits into the local visitor economy. Next Steps
Final Deal Project Development
Individual project business cases to • Final Deal Agreement signed by be developed for the 14 projects Project December 2020 Delivery Business cases developed to HM • Secure UK/WG investment of Treasury standards – 5 Case Initial project business cases £240m Business Model considered Jan-Mar 2021
• Approval of the overall Growth Business cases will be subject to Project delivery from Deal and 5 programmes gateway reviews prior to approval April 2021
Approval of business cases will be made locally by the North Wales Economic Ambition Board.
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