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A Region of Ambition and Confidence to Deliver a Globally Leading Green Economy

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As part of a new series focused on the ambitions and opportunities of the Celtic Freeport bid in South Wales, Business News Wales spoke with Ioan Jenkins, co-founder of Prosperity Energy and Chairman of the Tidal Range Alliance about the existing ambition and confidence in the region to accelerate Wales’ Green Economy

About the Celtic Freeport Bid

Celtic Freeport is an exciting project that will unlock the widest possible opportunities for Wales by accelerating innovation and encouraging significant investment, while fast-tracking modern skills for new green industries and national decarbonisation.

With development sites throughout Neath Port Talbot and Pembrokeshire, the Celtic Freeport will:

  • Support 16,000 new green jobs
  • Generate £5.5bn of new investment
  • Accelerate the roll-out of floating offshore wind and the hydrogen economy

 

Background

In September 2022, the Welsh and UK governments invited proposals for a freeport in Wales.
The closing date for bids was 24 November 2022, with the winning bid expected to be announced in early February.

The Celtic Freeport bid was lodged on behalf of a public-private consortium whose partners include Associated British Ports (ABP), Neath Port Talbot Council, Pembrokeshire County Council and the Port of Milford Haven.

Business News Wales