“What assessment he has made of the potential impact of the Industrial Strategy on advanced manufacturing in south Wales.”
Asked by
Ruth Jones
Answering Minister
the Secretary of State for Business and Trade
Answer from Hansard
The Parliamentary Under-Secretary of State for Business and Trade (Chris McDonald)
Our 10-year industrial strategy and sector plans will boost economic growth nationwide. South Wales is set to gain a new investment zone in Cardiff and Newport, targeting semiconductors and advanced manufacturing. Across Wales, manufacturers can benefit from a range of other industrial strategy measures that target lower energy costs, faster grid connections, and billions in new capital investments for small and medium-sized enterprises, making it easier to innovate, expand and thrive.