BBC Wales News Interviews Ningbo Chief

Ningbo Palletised Distribution was at the centre of a national news item on a potential investment in North Wales that could boost the region’s economy by £20 billion over the next two decades. Chris Stockton, managing director of Ningbo, was interviewed by BBC Wales business correspondent Brian Meechan on what businesses want from the North Wales Growth Deal. The plan would inject cash into the region to create up to 5,000 jobs and boost productivity. The deal’s approval by the UK and Welsh Government is dependent on an investment of £1 billion from the private sector. Aired on the 6pm BBC Wales News, Chris was quizzed on what he wants to see from the Growth Deal. He said: “We are seeking to expand but are held back by a lack of suitable local premises. I want to see funding come from the deal. A 57-acre plot of land has just been released half a mile from our Wrexham depot and we would like to be part of that development. There seems to be very little investment in this locality in new build premises.” The planned investment would create high skilled jobs in an effort to benefit businesses like Ningbo. The distribution company launched its own apprenticeship and driver training schemes to tackle a skills gap in the logistics industry. The Growth Deal will also be used to improve North Wales’ transport system, which is regularly used by Ningbo’s fleet. The BBC Wales interview was Ningbo’s third appearance on national news in 12 months after it featured in a 2017 general election piece on ITV Wales at Six and ITV News at Ten. Ningbo Palletised Distribution is part of the Ningbo Group. Sister business Ningbo Furniture is a supplier of contract furniture.