Investor Presentaiton

Out-commuting, including to the wider "city regions", is high and playing increasing role: Net commuting relative to working residents (%) 30.0 25.0 20.0 15.0 10.0 5.0 JL 0.0 Blaenau Caerphilly Gwent Rhondda Neath Port Valleys (incl Torfaen Cynon Taf Talbot NPT & Bridgend) Merthyr Tydfil Bridgend Source: Welsh Government 2001-3 2013-15 15

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