A freeport in south west Wales focused on green energy would create over 16,000 new jobs and generate up to £5.5bn of investment, claim its backers. The ports and local authorities behind the Celtic Freeport have said a freeport status would rapidly accelerate Wales’ ambition to become net zero while creating high-quality green jobs.
The Celtic Freeport was set up by Associated British Ports (ABP), Neath Port Talbot Council, Pembrokeshire County Council and the Port of Milford Haven in order to bid for Wales’ first freeport. Ports around Wales are expected to submit their pitches for freeport status to UK and Welsh government officials by tomorrow, with at least one freeport in Wales expected to be announced next spring.
The Port of Holyhead recently announced its bid for freeport status which its operator, Stena Line, said would attract £1bn investment and create up to 13,000 jobs in Anglesey.
