The boundary of Ebbw Vale Enterprise Zone has been extended to include three additional industrial sites making them more attractive locations for new investment while also benefiting existing businesses.
The new sites - Tafarnaubach Industrial Estate, Waun y Pound Industrial Estate and Victoria/Festival Park - are already home to a large employment cluster with private and publicly owned developable land and ready to occupy units available.
They now join five other strategic sites within the Zone that include Bryn Serth, Rassau Industrial Estate, The Works, Tredegar Business Park and Rhyd-y-Blew which has the additional benefit of Enhanced Capital Allowances.
These five sites have 83.5 acres of privately and publicly owned developable land available as well as ready-to-let industrial units.
Economy Secretary Ken Skates said: “Elevating the status of these sites to be included in the Enterprise Zone will help raise their profile, make them a more attractive proposition for potential investors while also offering prime strategic locations for starts ups and businesses looking to expand.
“Ebbw Vale is already home to a number of world-leading manufacturing companies, some of which are based on these sites that have the space and capability to accommodate a wide range of manufacturing companies whether they are looking for new development sites or units that are ready for immediate occupation.”
Key companies already located on these new sites range from PCI Pharma Services, a Welsh Government Anchor Company to Tenneco Walker