Welsh Secretary promotes international property investment opportunities in Wales

Funding | International | Property & Construction | Wales

Secretary of State for Wales Alun Cairns promoted international property investment opportunities worth £1.19bn across Wales at MIPIM’s UK launch event.

In March this year, the UK Government announced six Welsh investment opportunities at the main MIPIM international property exhibition in Cannes.

International investors and leaders from each of the six Welsh projects gathered to discuss the opportunities which range in sectors from tourism to city regeneration and business and are spread across Wales from Anglesey to Milford Haven and Barry Island.

Welsh Secretary Alun Cairns said: “Each project within this portfolio demonstrates some of our strengths and highlights what makes our beautiful, resourceful country such an attractive destination for investment and business.

“Investors in Wales will benefit from the support of all levels of government and our vision for Wales is the same. We strive for a global Wales which nurtures homegrown business, industry and enterprise while supporting those who choose to come to Wales create jobs and support our economy.”

Trade Policy Minister, George Hollingbery said: “The UK remains the leading destination for Foreign Direct Investment in Europe and we are committed to attracting investment into all four corners of the UK, including Wales.

“The UK government’s new Wales portfolio offers an array of exciting opportunity for international investors, creating hundreds of jobs in Wales and will help showcase the UK as an innovative and open place to do business.”

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