The Cardiff Business Partnership welcomed the investment in the Financial Services District and highlighted that Cardiff’s competitiveness has helped it to generate some 50,000 jobs for the Welsh economy for the period 1998-2010. That’s almost three quarters of the total jobs growth for South East Wales. These jobs have benefited the whole City region.
The announcement confirmed the importance of Cardiff to the City Region for those travelling into Cardiff and the Partnership confirmed that the announcement was an investment for the region and not only the centre of Cardiff.
Adrian Clark of Legal & General and Chairman of Cardiff Business Partnership said:
“The Cardiff Business Partnership welcome investment in the regeneration of Capital Square as it it is the landing platform and gateway when you arrive from London on the train. A vibrant economy must embrace infrastructure investment to create the modern environment such as exists in other major European Cities.”
He added:
“Clearly, with announcements like this demonstrates that the Capital is important to Wales and sets a visionary agenda as such an investment provides long term aspirations and careers for young people who want to stay in Wales and build a progressive economy. We cannot afford to stand still and we must continue build on the foundations to create a world class city.”
Roy J Thomas founder Director of Cardiff Business Partnership said:
“The Financial Services sector employs over 30,000 people in Cardiff bringing more of these types of jobs aids the strength of our Capital and builds on the success of our member companies such as Legal & General, Admiral and the Principality Building Society who employ from staff from across South Wales. But we need to more competitive in our selling of Cardiff.”
He added said:
“The Cardiff Business Partnership is committed to maintaining and developing Cardiff’s position as a leading city, not just in the UK context but worldwide. We’ve seen the city successfully navigate the hangover of deindustrialisation to become a modern knowledge-based economy in recent years, but we need to make sure we can make that next step. In a worldwide context we consistently see cities such as Copenhagen, Helsinki and Zurich figure prominently in competitiveness and quality of life leagues, and there is no reason why Cardiff should not also be featuring and continue to be the engine and shop window of economic growth for Wales.”
Contact Roy J Thomas on 07767 586 939. Or royjthomas@publictrustpartnership.co.uk
