The UK Government has invested some £44 million in South Wales for a major new project in South Wales, led by Cardiff University, called CSconnected. The announcement was made today (26 June).
The funding will help strengthen emerging industries in South Wales and deliver major technological advances in areas such as communications, 5G, autonomous vehicles and medical devices.
Russell George MS – the Shadow Minister for Infrastructure – said:
“This is a welcome and much-needed boost for the research and development and innovation sectors in South Wales, and demonstrates the UK Government’s optimism in the region.
“South Wales is one of the UK’s hubs for R & D, and if the Covid crisis has given any benefits, then it is surely that dynamic innovation is thriving in all parts of Wales.”
In collaboration with Cardiff and Swansea Universities – and six leading Welsh manufacturing companies – the project will help establish a cluster of manufacturing excellence, including a new skills academy to provide training in manufacturing and technology for small - medium businesses in the region.
Mr George said:
“This is an exciting time for South Wales, and investment such as this will be good not only for consumers and the industries, but it will also create new job opportunities right across South Wales.”