Cam nesa'r Fargen yw dod i Gytundeb ar Benawdau'r Telerau, ac yn y cyfarfod yng Nghyffordd Llandudno, penderfynwyd ar y gofynion sy'n angenrheidiol ar gyfer hynny. Mae Llywodraethau Cymru a'r DU wedi cytuno i neilltuo £120 miliwn a disgwylir i hwnnw sbarduno buddsoddiad o £500m gan y sector preifat yn y rhanbarth.
The meeting in Llandudno Junction has identified the requirements needed to reach a ‘Heads of Terms Agreement’, which is the next stage of the growth deal process. Both the UK and Welsh Governments have agreed to provide £120m of funding for the deal, which is expected to bring in over £500m of private sector investment into the region.