Gwynedd Economy Strategy

 

 

An Economy That Works For All: Gwynedd 2035

Gwynedd is a unique county. In its close communities, its natural beauty and in the vibrancy of the Welsh language in the county, it has a unique identity and appeal which makes it one of the best locations to live and work in Wales and beyond.

We also have a modern and innovative economy with substantial potential in our existing enterprises and opportunities in new industries and activities for a prosperous future for the people of Gwynedd.

But a lot of this potential is yet to be realised. According to many indicators, there is a substantial gap between the economy of Gwynedd and the rest of Wales and the United Kingdom (UK). In part, this can be attributed to the sense that the area lacks the opportunities, suitable employment or salaries required to live full lives.

This Strategy responds to this gap, and it will shape our work until 2035. It is an honest assessment of today's economy; however, it is ambitious for the future. By identifying our strengths and weaknesses, the opportunities here in the county, and those areas in need of improvement, the Strategy's purpose is to realise the potential of our people and our enterprises and create new benefits and opportunities. Our vision is to create 

“An innovative, productive and low-carbon economy which strengthens the Welsh language, creates new opportunities and contributes towards everyone's well-being."

 

Themes and Priorities

The overarching themes and priorities of the strategy are:

Enterprise – thriving local businesses that excel

1. Maximise the value of the current economy

2. Make the most of new opportunities

People – a skilled and inclusive workforce

3. Ensuring a skilled workforce

4. Supporting our people

Place – the best conditions to thrive

5. Optimal Connectivity and Infrastructure

6. A great place to live, work and venture

To accompany the strategy, a delivery plan will be developed to coordinate work in the field and to identify which projects should be prioritised for new funding, including the Local Growth Fund.

Read Gwynedd's Economy Strategy