Significant progress is being made on the Wrexham and Flintshire Investment Zone, as business FI Real Estate Management (FIREM) invests in growth.
The Investment Zone is a collaborative project expected to attract £1billion of private sector investment and create 6000 new jobs.
It’s backed by £160 million in funding from the Welsh Government and UK Government and will focus primarily on advanced manufacturing, with the Investment Zone targeting 5.5 million square feet of new capacity for the sector.
There will be a particular emphasis on innovation skills and transport challenges, delivering new opportunities and investment for communities and growing both local and regional economies.
Plans for the Investment Zone recently took a major step forward with the confirmation of its industrial focus and main sites forming part of a recent announcement by the Chancellor Rachel Reeves.
One of these sites is Wrexham Industrial Estate, which houses a wide range of significant businesses and employers, such as JCB.
Three of FIREM’s developments on the estate – Wrexham 1M, Wrexham 152 and Bridgeway Centre – sit within the designated zone.
The firm is significantly expanding its presence on the estate as part of its Wrexham 1M project, comprising one million square feet of logistics space, set to create 1,000 jobs and act as a catalyst for growth in the region. In total, FIREM has invested more than £136 million in Wrexham Industrial Estate in the last two decades.
For further information please select the following link: £1 billion north east Wales investment zone makes significant progress | GOV.WALES