Wales is one of the 4 nations within the United Kingdom. Major cities in the region include Cardiff and Swansea. Wales is ideally placed for low-cost entry into the UK market.
Over 700 multinational companies thrive in Wales, including Ford, Toyota, Airbus, GE, Dow Corning and Panasonic.
Opportunities and incentives
Investors in Wales benefit from low costs:
- industrial property costs and prime office rental prices in Cardiff are up to 50% lower than in the most expensive parts of the UK
- the cost of living is nearly 10% lower than the UK average
- salaries are more competitive in comparison to other regions of the UK
- excellent incentives to investors, including grants covering between 10% and 45% of capital expenditure costs
Wales’ 115 million GBP SMART Cymru research fund is also one of Europe’s most comprehensive support systems for industrial research, experimental development and feasibility studies.
Skills and education
Wales has 160,000 students in full-time education in 8 universities. Over 30% of the Welsh population aged 21 to 64 are college graduates.
Wales is also home to 10 universities, including Cardiff, Swansea, Aberystwyth and Bangor - featured in the QS World University Rankings.
Transport options in Wales include:
- Cardiff International Airport, connecting you to European cities including Amsterdam and Paris in around 90 minutes
- high-speed train connections from Cardiff, connecting you to London in 2 hours
- the M4 motorway, which lets you drive from Wales to London in just 2 hours
- major ports, which are located all along the Welsh coastline