News

The Economy Secretary, Ken Skates will be at Goodwood Revival motor show today to witness the unveiling of an all new TVR sports car which has been designed and developed with Welsh Government support. The prototype of the new car, which is the first to be launched by independent car maker TVR in ten years, has been project managed from Cardiff and follows a two year working relationship between the company and the Welsh Government...

Economy Secretary Ken Skates has announced the appointment of Arup to lead on the development of a full design specification for the new Advanced Manufacturing Research Institute (AMRI) in the Deeside Enterprise Zone. Arup will work with a range of key strategic partners on behalf of Welsh Government, working towards breaking ground early in 2018.The AMRI projects embraces and builds on the proposal by the Deeside Enterprise Zone Board for a dual site facility that...

EU funds of £3.5m will be invested in the first stage of a major development to create a new business hub in Port Talbot’s former docks. The funding will support a full redevelopment of three hectares of brownfield land; the construction of a new access road and the upgrade of an existing road in what will become strategic employment site for the area. The two-year project will prepare the site for business investment and the...

B2Space and Snowdonia Aerospace Centre could create 93+ new jobs for the area by 2020 and wider opportunities for supply chain if project successful Satellites may soon be launching from Llanbedr in a move that would put Snowdonia at the forefront of the UK’s space capabilities and the creation of specialist jobs for the area. The proposed Vertical Small Satellite Launch Project is a collaboration between Snowdonia Aerospace Centre (SAC) and operators B2Space. Supported by...

First Minister, Carwyn Jones has congratulated Ammanford based construction firm, TRJ Ltd on its success in winning a major Aston Martin contract that will bring millions of pounds worth of construction work to Wales. The news follows a decision by the Welsh Government earlier this year to advertise Aston Martin contracts on its Sell2Wales procurement site. It was the first time that private sector contracts had ever been advertised on the Sell2Wales channel and was...

Twenty eight projects – with a total private sector investment of over £32m – are set to benefit from two EU property development funds and deliver a range of new and refurbished high quality commercial premises in the North, West Wales and the South Wales Valleys. Seventeen projects from the £7m Property for Business Development Grant Fund (PBDG) and eleven from the £7m Property Infrastructure Fund (PIF) have been provisionally allocated funding. Firm grant offers...

The Welsh Government’s £100m Automotive Technology Park in Blaenau Gwent moved a step closer today as key players gathered to progress plans. Economy Secretary, Ken Skates, chaired a meeting with industry figures from TVR, Ford, General Dynamics and IQE as well as representatives of Ebbw Vale Enterprise Zone, Blaenau Gwent Council and Cardiff University, in order to develop more detailed proposals for the Automotive Technology Park at Ebbw Vale. Last month the Economy Secretary announced...

More than £4m EU funds will be invested to construct new business units to support Anglesey’s growing low carbon energy sector, Finance Secretary, Mark Drakeford, announced today [Thursday 20 July]. The development at Bryn Cefni Business Park will provide over 1,300m² of office, light industrial and storage space for businesses on the former Môn Training site and over 750m² of office space at the Anglesey Business Centre. The construction is part of wider plans to...

The latest results from the Welsh Government’s Enterprise Zone Programme show that since its inception in 2012 more than 10,000 jobs have been supported and in excess of £300m of investment secured from the public and private sectors. The figures were announced today in a written statement by Economy Secretary Ken Skates on the progress and future of the Welsh Enterprise Zone Programme which coincides with the publication of the Enterprise Zone key performance indicator...

Economy Secretary, Ken Skates and Lifelong Learning Minister, Alun Davies visited Blaenau Gwent today to discuss plans for the new Welsh Government funded £100m technology park. Following last week’s announcement, the Economy Secretary and the Lifelong Learning Minister, who Chairs the Valleys Taskforce, met representatives of Blaenau Gwent Council and the Chair of the Ebbw Vale Enterprise Zone Board to begin discussions on the plans. Economy Secretary Ken Skates said: “I am delighted to be...