Finance Wales’ investments provides North Wales economy with £3 million boost in the last 3 months
The economy of North Wales has received a £3 million boost in the last 3 months following a succession of investments in established local businesses by Finance Wales.
Oaking Developments, which is constructing the Oak Drive development in Colwyn Bay, and South Caernarfon Creameries secured a total of £2.8 million in investment while Flintshire-based Engineered Composites secured £200,000.
The investments are helping these established North Wales businesses to expand and create new jobs. Their expansion is also expected benefit local partners and suppliers in North Wales.