Get all your news in one place.
100's of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
Owen Hughes

Anglesey's Octel chemical works and industrial park where Rehau closed added to enterprise zone

Two sites in Amlwch are to join the Anglesey Enterprise Zone in a bid to help stimulate the economy and support jobs.

The north of the island has been hit the withdrawal of Hitachi from the Wylfa Newydd nuclear development and the closure of Rehau plastics factory in Amlwch.

This has seen Welsh Government add two sites to the island's enterprise district.

The two sites to be included are:

  • The Llwyn Onn Industrial Estate, a 15 hectare site which was the home of Rehau’s operations on the island.
  • The Octel former bromine works, which ceased operations in 2004. The site was in operation for over 50 years but, has since fallen into disrepair, with many of the buildings now laying derelict.

The two additions, follows advice from the Anglesey Enterprise Zone’s Advisor Board.

Enterprise Zones benefits from a range of financial incentives including some of the highest levels of grant aid and an accelerated planning process.

Amlwch’s economic situation has changed since the boundaries for the Enterprise Zone were originally drawn, following the closure of Rehau and decisions on Magnox decommissioning and Wylfa Newydd.

The employment rates for the area are below those for Anglesey and Wales as a whole, but a skilled workforce continues to live locally.

Minister for Economy and North Wales Ken Skates said: “This will be a boost for the economy of north Anglesey, an area which has faced many challenges recently with the closure of Rehau and uncertainty over Wylfa.

Ken Skates, Minister for Economy and Transport, and Minister for North Wales (Ian Cooper/North Wales Live)

“We know the area continues to benefit from a skilled workforce as well as the potential for development on these two sites. Having the backing of the Enterprise zone will help to attract investment opportunities and improve infrastructure. It will also contribute to levelling up the economy of the island.”

Anglesey Council’s Economic Development and Major Projects portfolio holder, Cllr Carwyn Jones, said: “Our Economic Development team presented the Welsh Government with a strong business case for including both these important sites in the Anglesey Enterprise Zone.

“Both the town and wider area of North Anglesey has been hit hard by recent job losses and disappointment with recent news about the Wylfa Newydd project.

“Our officers will now work with Welsh Government officials to determine what and how support can be secured to see investment and job creation on these two sites. We are eager to see activity commence as soon as possible, as part of the post Covid economic recovery efforts.”

Council leader Cllr Llinos Medi added: “We are committed to supporting economic growth in Amlwch and North Anglesey.

Anglesey Council leader Llinos Medi (Daily Post Wales)

"This will take time and a great deal of work, but today’s announcement provides a real impetus for economic regeneration in the town. It will also allow us or those in the private sector to secure funding to develop these sites to meet the needs of local firms and potential investors.

“I now look forward to seeing Enterprise Zone status help stimulate investment and job growth in the town of Amlwch and surrounding area, which will support local communities.”

Neil Rowlands Chair of the Anglesey Enterprise Zone said: "By awarding enterprise zone status to Llwyn Onn industrial esate and Octel site in Amlwch it demonstrates not only the commitment of Welsh Government to intervene quickly, via the Enterprise Zone, and with substance to address the needs of the economy, it also confirms and recognises that a commitment to north Anglesey is required in assisting to help in the creation of jobs and growth to the already skilled local workforce, something supported by the Anglesey Enterprise Zone board.

“North Anglesey has been hit particularly hard in recent times with job losses, company closures and the challenges of delivering Wylfa newydd.

“With Enterprise Zone status, this now allows north Anglesey access to increased profile, additional Welsh Government support, unique enterprise zone funding streams, training opportunities and inward investment opportunities.”

Welsh Government said Anglesey’s Enterprise Zone status has already been successful in drawing investment to the Island and more than 1,000 jobs created, safeguarded or assisted since its formation in 2012.

What do you think? You can have your say on this story using the comments section

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.