The Update Report was accepted
and the work between the Investment Zone team, the Welsh Government and the UK
Government was noted to determine an acceptable allocation within the £160m for
the cost of tax relief linked to the occupation and development of Investment
Zone Tax Sites.
The proposed draft Memorandum
of Understanding was approved for the Flintshire and Wrexham Investment Zone and
to delegate to the Chief Executive and Monitoring Officer of the CJC, in
consultation with the Chair and Vice-chair of the CJC to agree and complete the
final document.
A further report was
requested to the CJC in September 2025 with detailed proposals for the North
Wales Innovation Board.