Lee Waters, deputy minister for economy and transport in the Welsh Government, said:
“This is an important day for Mid Wales. I'm pleased to have signed the Heads of Terms which now commits us all to work together on the next stage of the growth deal.
“This year has been incredibly difficult and challenging for all of us, with businesses particularly affected. The growth deal will be an important factor in dealing with the on-going impacts of the coronavirus pandemic on the economy, and it's good to see everyone coming together to make this initiative a success.”
In a joint statement, the Leaders of Ceredigion and Powys County Councils, Cllrs Ellen ap Gwynn and Rosemarie Harris said
“This is a significant milestone for us in Mid Wales, showing the dedication and commitment to the region of all partners – and is a very positive development at the end of a very difficult year.
“The hard work however, starts now. The next year will be crucial in laying the foundations for delivering a Growth Deal for the next 15 years together with the businesses and communities of Mid Wales. It will be crucial to use this as an opportunity to deliver and leverage significant investment into the regional economy, catalysing further investment from the private and wider public and third sectors.”
“We'd both like to thank both Governments, our private sector partners and the many partners and stakeholders in the region that have supported us thus far, and look forward to shaping the proposals in earnest shortly.”