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Top News In வடக்கு வேல்ஸ் பொருளாதார லட்சியம் பலகை Today - Breaking & Trending Today

North Wales could become 'world leader' in renewable energies


NORTH Wales could become one of the most prosperous areas in Europe within ten years, a business leader has said.
Askar Sheibani, managing director and CEO of Comtek Network Systems and chairman of Deeside Business Forum (DBF), said the transformative possibilities of large scale projects in the region s future could completely change North Wales economy.
He said: There are a lot of projects happening but a lot of concentration right now is on the North Wales Growth Deal.
The landscape of North Wales is unique; you can develop tidal and marine renewable energy.
With many other parts of the world that is almost impossible. On top of that, if you want you can generate hydrogen energy. We already have a hub going to be built in Holyhead for the hydrogen development. ....

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North Wales' post-pandemic economic outlook - "Unique position to ride through the challenges"


CEO, Comtek Network Systems UK Ltd and chair DBF
According to the World Bank report published on January 5, 2021, the outlook for the global economy appears very fragile and varies from region to region.
The collapse of the world economy due to the Covid-19 pandemic compares with the deep recessions after both the First and Second World Wars.
The vast majority of countries have borrowed eyewatering sums of money in order to prevent a sudden crash of their economies.
David Malpass, the World Bank’s president, believes: “To overcome the impacts of the pandemic and counter the investment headwind, there needs to be a major push to improve business environments, increase labour and product market flexibility, and strengthen transparency and governance.” ....

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