Economy Secretary Ken Skates has given the go-ahead for a new 50,000 sq ft industrial building to be designed and built in Ebbw Vale as part of the Welsh Government's plans for a new Automotive Technology Park.
Earlier this year, Mr Skates announced the Government would invest £100 million over the next 10 years to develop the Technology Park in Blaenau Gwent, which could potentially generate 1,500 new jobs in the area.
Speaking ahead of a visit to Ebbw Vale, the Economy Secretary said: "I am keen to progress our plans for a £100m Technology Park as quickly as possible in order to secure high quality jobs and investment in Ebbw Vale and stimulate economic growth across the Heads of the Valleys.
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"Today (01 October) I am pleased to announce that I have approved the necessary funding for the design and construction of a 50,000 sq ft industrial space in Rhyd Y Blew in Ebbw Vale to kick start that process.
"Since I announced the Welsh Government's plans to establish the technology park, we have had a significant number of enquiries from automotive companies looking to move to Ebbw Vale, and I am confident that the development of this new facility will help us to start to meet demand in the market."
Chair of the Ebbw Vale Enterprise Zone Board, Mark Langshaw, added: "We are pleased to welcome the Economy Secretary to Ebbw Vale again to discuss plans for the £100m technology park. It is good see that work is progressing and that the Welsh Government has committed to the construction of a 50,000 sq foot industrial building in Rhyd y Blew."
(LM)
