Madrid and Cardiff have consolidated their commercial relations during a strategic meeting held in the Welsh capital, the Cardiff-Madrid Business Connect.  This event brought together British companies and industry leaders from Madrid with the aim of exploring new opportunities for expansion, investment and collaboration in key sectors such as Fintech, E-Health and Cybersecurity.

During the day, participants highlighted the potential of both cities to generate synergies and strengthen mutually beneficial trade relations. Cardiff, as the capital of Wales and an economic power house, with GDP of 38,000 million pounds and nearly 50,000 local companies, has positioned itself as an emerging innovation and technology hub in Europe.

Strategic sectors at the heart of this collaboration

The meeting highlighted the shared interest in boosting growth in key sectors such as:

• Fintech: Britain is home to one of the fastest growing digital economies, with Cardiff contributing 8,500 million to the Welsh economy in this sector.
• E-Health: Cardiff has established itself as a leading hub in health technologies, with significant investments in research and development.
• Cyber Security: This sector is experiencing a significant boom, driven by the presence of large companies such as Airbus and Thales, as well as the support of strategic government investments.

A forward looking alliance

The close connection between Madrid and Cardiff is the product of a shared vision of driving innovation and attracting investment in strategic sectors. With initiatives like these, both cities continue to advance in the consolidation of international alliances that promote economic and technological development.

At Madrid Investment Attraction, we work to strengthen commercial ties between the Spanish capital and strategic markets, and to promote opportunities that drive the growth of Madrid as the epicentre of foreign investment and talent attraction.