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Doing Business With Wales, UK
Why Wales
Wales provides numerous business opportunities and for a number of industries and sectors and products. As part of the UK and as a trading partner with the European Union, Wales also has developing ties with countries including China, Japan and South Korea. Wales is equipped with an excellent infrastructure, technological equipment and a highly skilled workforces and with the potential for affordable business premises, compared to some other parts of the UK. With the capital of Wales only 2 hours by train from London and from Birmingham, Wales as a business location is certainly a popular place with many national and international businesses.
There are some excellent resources and also funding opportunities in Wales, if you are yourself, interested in setting up in this area. A great starting point for example can be the Welsh Development Agency (WDA) which is the regional development agency for the country and is backed by the Welsh Government. This organisation will provide those of you interested in setting up or in doing business with Wales, with the necessary information to get you started. The WDA can even help you identify new markets, provide source financial assistance, supply broker Research and opportunity for development. Their team will also interact with your business people and the required Welsh institutions to help business flow smoothly. Business Wales is another wonderful resource and is one which is run by the Welsh Government, aimed at helping businesses.
Creative Industries - Media
One extremely interesting option which has developed in the Wales over over the last 10 years, and in industry which is really developing at pace in this region is the creative industries sector. By this, I mean TV production, film production and other media services. Wales seems in recent years to have become a hub of sorts for film, documentary and media production and development. This has resulted in a build up of the skills set in the area for this field of business. You can read an interesting article on this sector on the Wales.com website.
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