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.

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 spring 2023.

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.

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

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

Find out more about the Celtic Freeport, and what it would mean for Wales and the rest of the UK here.