As a part of a brand new sequence targeted on the ambitions and alternatives of the Celtic Freeport bid in South Wales, Enterprise Information Wales spoke with lead of the South Wales Industrial Cluster, Chris Williams who explains the function the Celtic Freeport can have in serving to to ascertain an funding framework wanted to develop the infrastructure that our Industries in Wales might want to attain web zero.
Concerning the Celtic Freeport Bid
Celtic Freeport is an thrilling venture that can unlock the widest potential alternatives for Wales by accelerating innovation and inspiring important funding, whereas fast-tracking trendy expertise for brand new inexperienced industries and nationwide decarbonisation.
With improvement websites all through Neath Port Talbot and Pembrokeshire, the Celtic Freeport will:
- Assist 16,000 new inexperienced jobs
- Generate £5.5bn of latest funding
- Speed up the roll-out of floating offshore wind and the hydrogen economic system.
Background
In September 2022, the Welsh and UK governments invited proposals for a freeport in Wales.
The cut-off date for bids was 24 November 2022, with the successful bid anticipated to be introduced in early February.
The Celtic Freeport bid was lodged on behalf of a public-private consortium whose companions embrace Related British Ports (ABP), Neath Port Talbot Council, Pembrokeshire County Council and the Port of Milford Haven.
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