A 9-point plan to strengthen the Dwyfor-Meirionnydd economy
Dwyfor Meirionnydd is replete with a wealth of resources – be they natural resources or human resources. Yet, north west Wales continues to be one of the poorest regions in northern and western Europe.
In fact, Dwyfor-Meirionnydd has the lowest income throughout the whole of the UK, with average earnings of £420 per week. Yet on the other hand, the average house price in Abersoch and Aberdovey last year was £325k.
This results in a large percentage of our young people moving away to look for work, and the low wages paid here means that people can’t compete for houses because the housing market isn’t regulated.
The result is loss of culture and language.
We must therefore tackle the economic question and take steps to develop a stronger economy.
Gwynedd County Council, under Plaid Cymru’s control, are doing all that they can to attract investment and ensure that the climate is suitable for entrepreneurs to develop their businesses here. The fact that Gwynedd CC has ensured that its staff are paid the Real Living Wage, and that procurement policies support local firms is to be welcomed. But as much and as hard as Plaid Cymru try to tackle the economic problems facing this area on the Council, this invaluable work is being hampered by a lack of political leadership from the Welsh Government and a total lack of interest from the Westminster Government.
The intention with this plan is to suggest ways that we can invest in our indigenous talent and resources while also ensuring that we do our bit to tackle climate change. The recent example of Ford in Bridgend shows, once again, why we should avoid risking investing in large multi-nationals. We should, instead, look show confidence and invest in our people and communities. That’s the thrust of this document.
Here are some suggestions which, if acted upon, could see our economy strengthen, leading to job creation opportunities, and more money in the pockets of our people in Dwyfor-Meirionnydd.
- Transformative Fund
- Electrify Gwynedd
You can read the plan by clicking on each title, above, or by clicking on the link below.