Categories: Environment and Renewables, Milford Haven, News, Port TalbotPublished On: 02.12.2022202 words1.1 min read

Celtic Freeport paves way towards Wales’ net zero economy

On the final day of the freeport bidding programme, the Celtic Freeport this morning (Wednesday) unveiled what is being labelled as one of the most transformational accelerated pathways to Wales’ net zero economy.

The bid, if successful, is expected to generate over 16,000 new jobs and up to £5.5billiion of new investment.

In front of a packed audience chaired by renowned BBC broadcast journalist Sarah Dickins, the bid team unveiled their vision to create a green investment corridor with long-term commitments on major port infrastructure upgrades, skills development and innovation, all rooted in the fair work principles and enduring trade union engagement.

The transformational bid covers the ports of Milford Haven and Port Talbot and spans clean energy developments and innovation assets, fuel terminals, a power station, heavy engineering and the steel industry across south-west Wales.

Its aim is to accelerate significant inward investment in new manufacturing facilities to support the roll-out of floating offshore wind (FLOW) from the Celtic Sea, while providing the backbone for a cleaner future based on the hydrogen economy, sustainable fuels, carbon capture, cleaner steel and low-carbon logistics . . . .

. . . . continue reading the article on the South Wales Argus website here