The Chancellor’s Autumn Statement saw the confirmation of five new investment zones across the UK – two of which stand to benefit Wales – one in Cardiff and Newport and the other covering Wrexham and Flintshire. Designed to embed innovation and support the growth of priority sectors, leveraging existing strengths, the new investment zones in Wales target, amongst other sectors, advanced manufacturing in North East Wales and the compound semiconductor cluster in South East Wales. Interestingly, both will be delivered by the nascent corporate joint committees (CJCs) which have the same geographies as the North Wales Growth Deal,…
