If this message does not display correctly, click here or go to http://www.capitalwales.com/news   The Dragon Economist | Capital Wales News Update Issue 3 | May 2006
Capital Wales is home to over half of Wales' workforce and its industry. The region offers one of the most highly skilled and productive workforces in Europe along with an excellent quality of life and attractive investment packages. Call 01443 845821 to discuss the business assistance, grants and free advice we can offer to make a business expansion in Wales even easier. Picture Expands Newport HQ Consumer finance company, Picture Financial, is expanding its Newport headquarters. Work has begun on renovating a further 20,000 sq foot of office space. The expansion will mean Picture moves into the top 40 of largest employers in the Newport area and is now the 3rd largest financial services employer in Newport after Lloyds TSB and HSBC. read more:>> £11m Transport Grant The Caerphilly County Borough is set to benefit from a £11m investment in local transport schemes. Andrew Davies, Assembly Minister for Economic Development and Transport, has unveiled a £11.6m package for the area as part of a £125 million Wales-wide funding announcement. read more:>> New tenant for flagship business centre A major training provider has become the first business to move into a flagship building on Tredomen Business Park, in the heart of the Caerphilly County Borough. read more:>> New road leads to £8.9m development success A flagship business park in the heart of the Caerphilly County Borough in South Wales is enjoying further major development following the opening of a new road into the site. read more:>> Work Starts On Multi-Million Pound Museum An exciting project to develop a bigger and better museum in New Tredegar is underway. Caerphilly County Borough Council’s Museums & Heritage Service, in partnership with Elliot Colliery Friends and Volunteers, has successfully secured £2.5 million to develop Elliot Colliery Winding House in New Tredegar. read more:>> Transformation at Tredomen A former industrial site in Ystrad Mynach has been transformed over recent years from a heavy engineering base to a hi-tech business park offering a range of modern, innovative office units. The Leader of Caerphilly County Borough Council, Cllr Harry Andrews, MBE, visited the site recently to see how things have changed since they day he started work there as a teenage apprentice. read more:>>	Get a taste of life in Capital Wales – send for our FREE 24 page guide to the region. See why it’s the perfect destination to work hard, and play harder. Business Sectors: Several industry sectors have developed a particularly strong business presence in the South East Wales region. Biotec Call Centers Engineering Food/Packaging Medical Service Groups For a copy of the Dragon Economy Business Report call 01443 845822 Why South East Wales? Quality of Life The variety of rural landscape and urban regeneration offers a diversity of living, working and leisure options. Technology & Innovation Over 75% of revenues in the region are achieved from products and services less than 3 years old.
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