Wales
Wales is home to over 700 multinational companies including Ford, Toyota, GE and Panasonic. The region exports over 16 billion GBP of goods annually and has the fastest-growing manufacturing sector in the UK.
Scotland Northern Ireland North of England Wales MidlandsSouth of England
Expanding your business
Welsh businesses enjoy graduates from 4 QS world ranked universities and comparitively low cost office and industrial space.
Investing capital
Large capital and venture capital investors in Wales enjoy a range of regional and national incentives, including grants covering up to 45% of capital expenditure.
Buying goods and services
Wales has over 30 sea ports and exports 56 million tonnes annually. There are around 6,000 businesses exporting 16 billion GBP a year.
16 billion GBP
of goods exported by Welsh businesses annually
2%
economic growth per year
14,000
new businesses created in 2017
Over 3 million
population
4
QS world ranked universities
450+ million GBP
of R&D expenditure in 2017
Fastest growing
manufacturing sector in the UK
2 hours
to London by rail
Strategic markets: industrial and digital innovation
Swansea Bay City Deal
Wales’ second largest city, Swansea, is building on existing strengths in advanced manufacturing, energy and life sciences. Investment opportunities like Swansea Central aim to attract international capital into the region.
Digital technology sector
Wales’ digital technology sector has put 600 million GBP into the UK economy. Fintech and insuretech companies like GoCompare add to Wales’ 2.1 billion GBP tech sector.
Research and development support
Wales’ 115 million GBP SMART Cymru research fund is one of Europe’s most comprehensive support systems for industrial research, experimental development and feasibility studies.
Speak to us
Contact our expert team in China to learn more about how DIT can support your business.