News

North East Wales is reaping the rewards of infrastructure investment and high quality employment as a direct result of policies at the heart of the Welsh Government’s new Economic Action Plan, Economy and Infrastructure Secretary Ken Skates will tell business leaders in Wrexham today. Plans for a new major Transport and Business Hub for Wrexham, the establishment of a new north Wales business unit for Transport for Wales, the Business Wales Entrepreneurship Hub, and the...

Economy and Transport Secretary Ken Skates has revealed plans to take over the operation, management and maintenance of the St Athan airfield and business park when existing arrangements with the Ministry of Defence (MOD) and Serco come to an end on the 31st March 2019. A 10 year contractual joint venture between Welsh Government and Cardiff International Airport Ltd (CIAL) will drive efficiencies and integrated service provision. Under the plans the business park, combined with...

Economy Secretary, Ken Skates with representatives of Coleg Cambria, DECA, and members of the Deeside Enterprise Zone The Welsh Government has made significant progress in its plans to establish a second Advanced Manufacturing and Research Institute (AMRI) in North Wales, Economy Secretary Ken Skates has said. The Economy Secretary confirmed that following a meeting of the Deeside Enterprise Zone on 13th July, the Welsh Government has declared its intention to work with the Enterprise Zone...

Economy Secretary, Ken Skates has welcomed the start of construction at the Welsh Government’s Advanced Manufacturing Research Institute (AMRI) in Broughton. Ahead of a turf cutting ceremony, the Economy Secretary described the institute as a “game changer” that would provide a new level of support to business and ensure collaboration between industry, academic partners and entrepreneurs in order to drive innovation, commercialisation, up skill the workforce and provide a catalyst for economic growth. This aligns...

Economy Secretary, Ken Skates is championing Welsh sites as the perfect choice for Logistics Hubs to host some of the off-site construction for Heathrow’s expansion project. Speaking to representatives of Heathrow Airport as part of their visit to Tata Steel Shotton, one of the shortlisted sites, the Economy Secretary said Welsh sites had a huge amount to offer. He stressed a decision by Heathrow to select a Welsh site as a Logistics Hub would bring...

First Minister Carwyn Jones will be visiting Holyhead Marina today [Thursday, 10 May] to announce funding support and thank all those involved in the clean-up operation since Storm Emma. The Welsh Government is to provide £100,000 to the Isle of Anglesey Council towards the cost of the clean up, and to ensure businesses are able to remain open and attract tourism to the area. Storm Emma, which hit the north coast of Wales in March,...

Two Holyhead projects have benefitted from £4.7m funding from the Welsh Government and EU. The funding will support the construction of new business units in Penrhos and the reconstruction of Holyhead’s historic Market Hall. The £3.9m development on the former Heliport site of Penrhos Industrial Estate will provide more than 2,800m² (30,000 square feet) of office, light industrial and storage space for businesses and will support Anglesey’s growing low carbon energy sector. Led by Ynys...

The Enterprise Zones Business Rates Scheme (EZBRS) has been available since 2012 as a means of providing financial assistance for business rates liabilities incurred by small and medium-sized businesses located in a Welsh Enterprise Zone. A further application round will open on 4 December providing eligible companies with an opportunity to apply for support from the Scheme. This round will be targeted at businesses which have located into one of the 8 Welsh Enterprise Zones...

A further £4.5m will be invested in Ebbw Vale by the EU and Welsh Government to attract entrepreneurs and new businesses to the area. The funding will support the construction of a new business hub on The Works site, which will be designed for emerging businesses in sectors including research and development, high-tech engineering and pharmaceuticals. Around two acres of land on Lime Avenue will be redeveloped to create more than 20,000 sq ft of...

Wales’ marine energy sector has received a further boost as £1.2m of EU funds will be invested to create a test area for developers in the Milford Haven Waterway. The Marine Energy Test Area (META) will include zones for research and development and a network of seabed areas where marine energy developers can deploy and test their technology. The investment aims to attract more companies to Wales by lowering the risks of developing marine technology...