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Boost for Ynys Môn as Freeport goes live

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The Welsh Government has today announced that the new Ynys Môn (Anglesey) Freeport special status has gone live.

Ynys Môn joins the other freeport in Wales, the Celtic Freeport of Port Talbot and Milford Haven, which went live in November.

The freeports will form special zones for business with tax and customs benefits, and funding for key infrastructure and skills projects. The Welsh freeports are distinctive as they include fair work, union recognition and the involvement of local authorities. 

Freeports are designed to promote regeneration and the creation of high-quality jobs. They also aim to become a national hub for global trade and investment across the economy, and foster an innovative environment.

The Welsh freeports are focused on boosting the distinct strengths of each area, exploiting opportunities from offshore wind and marine energy to advanced manufacturing and innovation.

The Ynys Môn Freeport consists of sites at Prosperity Park and Parc Cybi in Holyhead, M-Sparc near Gaerwen and two brownfield sites on Llangefni Industrial Estate.

The Welsh freeports aim to attract £6.5 billion in investment and create around 17,000 jobs.

For further information please select the following link: Boost for Ynys Mon as Freeport goes live | GOV.WALES

Whether you’re offering services, licences or products, exporting has the potential to transform almost every aspect of your business. For further information please select the following link: Why export? | Business Wales - Export


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