fbpx

My name is Rhys, a first time dad blogging about my adventures and experiences of being a parent. [email protected]

£15 billion of investment opportunities showcased at MIPIM

Cardiff (Adobe Stock)

INVESTMENT opportunities in Cardiff Capital Region (CCR) worth £15 billion are being showcased at MIPIM – the largest property exhibition in the world.

A team from CCR and its ten councils are promoting South East Wales and its investment opportunities at the event in Cannes, France from March 12 to 14.

Considered one of the leading global real estate events, ‘Marche International des Professionals d’Immobilier’ (MIPIM) attracts more than 26,000 participants each year, including 5,000 investors, 4,800 developers, and 500 journalists.

It has become a prominent event in the property and asset investment world, with representatives coming together for networking, learning, and showcasing the skills and potential of their regions.

A number of UK regions and major cities also attend the event at MIPIM, so competition for attracting and securing investment is high.

The CCR team is holding a series of events across the week, highlighting its investment opportunities, commitment to sustainable development, and its communities.

The £15bn worth of investment opportunities include:

  • Aberthaw Power Station eco-park
  • Bridgend town centre
  • The Northern Gateway initiative
  • Blaenau Gwent Tech Valleys project
  • Cardiff Parkway
  • Caerphilly Hotel and Leisure Park
  • St Modwen Park, Newport

Among the team attending MIPIM this week and welcoming guests to the CCR exhibition stand is CCR Ambassador Dan Biggar, former Wales and British Lions rugby player, and now playing for Toulon in the south of France.

Kellie Beirne, Chief Executive Officer of CCR, said: “We need to sell our region’s competitive strengths on a global stage, and seek out the investors, backers and markets that like our offer.

“With its strategic location, thriving economy, and ambitious development projects, CCR offers investors a compelling opportunity to be part of its growth story.”

Kellie said Cardiff Capital Region had demonstrated economic resilience in recent times, with sustained growth across key sectors such as finance, technology and life sciences.

Attendees at MIPIM from CCR include local authority leaders Councillor Anthony Hunt (Torfaen County Borough Council), Cllr Geraint Thomas (Merthyr Tydfil County Borough Council), and Cllr John Morgan, (Cabinet Member for places and regeneration, Blaenau Gwent County Borough Council).

Councillor Anthony Hunt, leader of CCR Cabinet which comprises the leaders of the 10 local authority partners of CCR, said: “This week presents a fantastic opportunity for us to showcase Cardiff Capital Region to a global audience at a renowned industry event.

“We look forward to being ambassadors for the Region and we will be working hard to ensure that our attendance will bring tangible benefits for all.

“With our universities, research institutions, and tech start-ups, CCR is proving a hub for entrepreneurship and innovation.

“Our developing technology sector, in particular, is attracting attention from investors seeking opportunities in areas such as digital innovation, cybersecurity, and renewable energy.”