Over 100 leading Welsh businesses have signed a letter to the Prime Minister, urging her to give the Swansea Bay Tidal Lagoon project the green light as soon as possible.
The letter, which was hand-delivered to 10 Downing Street today has been signed by companies in South West Wales including Tata Steel UK, Penderyn, Castell Howell Foods, WRW Construction and Andrew Scott Ltd.
Chris Pearlman, Swansea City Football Club's Chief Operating Officer, and Roger Blythe, Chairman of Ospreys Rugby, have also signed the letter, along with senior representatives of major companies including Cuddy Group, Dawnus Construction Holdings, Coastal Housing, Day's Rental and Owens Group.
Together, the companies who have signed the letter employ more than 30,000 people.
It's now been over 10 months since Charles Hendry, the UK Government's own independent inspector, concluded that the Swansea Bay Tidal Lagoon is a 'no regrets' option.
All we've heard since then is that the Government will make a decision is due course, but enough is enough. Investor confidence in the scheme means a decision is time-critical, so I'm calling on the Prime Minister to listen to the people of South Wales and approve this project now.
Hotpack Packaging LLC, a Dubai based packaging company, is expanding its operation into Wrexham with the creation of more than 250 jobs.
The company has bought property and land at the Llay Industrial Estate in Wrexham with a view to creating 250 manufacturing and warehouse jobs on the site over the next 3 to 5years.
The Welsh Government, which has provided a loan of £1.5m through the Development Bank, says the firm had been looking for a suitable location to manufacture in Europe.
It is hoped Hotpack’s location in North Wales will bring £50m of inward investment to the region.
I am delighted that following a period of close working between Welsh Government and Hotpack Ltd, and £1.5m of support through the Development Bank, the company has made the decision to move to Wrexham.
With a business plan that expects to deliver 250 jobs over the next 3 years, I am confident that Hotpack’s move here will bring genuine benefits to the local economy and community, and I look forward to visiting when the new facility is up and running.
This is an example of exactly what can be achieved when businesses are given access to the right advice support.
From our very first visit to region, the people of Wales and in particular Wrexham, offered us an exceptional levels of support, both personally and commercially.
We were particularly impressed to by the assistance of Economy Secretary, Ken Skates and Rural Affairs Secretary, Lesley Griffiths, other local politicians and Wrexham Council. The Welsh Government’s business support team have worked closely with us throughout our fact finding visits. Having now completed on the site purchase, we have already commenced the site factory & development and we took forward to a long and mutually prosperous relationship with the people and businesses of Wales.
Meanwhile life sciences company Ipsen is expanding its Wrexham operation with a £22m investment.
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