Future of regional investment in Wales?

Of note a recent statement from WEFO -

'The Welsh Government continues to work with partners in Wales to develop a new regional investment framework to replace the EU Structural and Investment Funds should the UK leave the EU. A two-year OECD project has been underway since January to help ensure international best practice and effective regional governance are built into our future plans. As part of the project, the OECD visited Wales between 25 and 29 November to inform its work and broaden engagement.....The Regional Investment for Wales Steering Group, chaired by Huw Irranca-Davies AM, continues to meet to draw on knowledge and experience from its members. The Group has met several times this year and will next meet again on 17 December. Membership, papers and minutes from these meetings can be found: Regional Investment in Wales Steering Group. The four sub groups, established during the summer, continue to meet monthly to help take forward the detail specific work, including the drafting of the consultation document for launch early next year'.