News

More than £1.5m of Welsh Government and EU funding will be used to transform the former Magistrates Court in Port Talbot to support new businesses, create jobs and attract investment to the area. Rebecca Evans, Minister for Housing and Regeneration, announced the funding to create high-spec office space in the listed building, through the Welsh Government’s £110m Building for the Future Fund. Rebecca Evans said: “Our investment, together with the support from Neath Port Talbot...

Economy Secretary Ken Skates has welcomed figures showing that the Welsh Government’s Enterprise Zone programme supported 1550 jobs in 2017/18, bringing the total number of jobs supported to more than 12,250 jobs since 2012. The figures are taken from a comprehensive report which has been published by the Welsh Government showing progress in each of Wales’ eight Enterprise Zones. Figures revealed in the Enterprise Zones Annual Report 2017/18 show businesses located in the Zones benefited...

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...

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 Board and the Ministry of Defence led by the Defence Electronics and Components Agency (DECA), to develop...

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...

First Minister Carwyn Jones, who met with Valero while in Washington this week, has welcomed the news, describing it as a vote of confidence in the Pembrokeshire site and the wider Welsh economy. The £127m project will create a combined heat and power (CHP) cogeneration unit at Valero’s Pembroke refinery. The 45 megawatt unit will provide power for the refinery, help Valero better control future electricity costs and achieve greater energy efficiency. These changes will...