As part of a series focused on the ambitions and opportunities of the Celtic Freeport bid in South Wales, Business News Wales spoke with Jonathan Burnes, Portfolio Director at Swansea Bay City Deal, who talks about a wide range of strategies that are in place in South Wales and how a successful Freeport bid will help accelerate these.
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.
Watch the bid launch video
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.
