Conwy County Borough Council has received £1.5M in funding from the European Union to construct the Conwy Morfa enterprise park on Penmaen Road in Conwy, North Wales.
The site is located near the A55 dual carriageway and taken up approximately 2.4 hectares of land, the current plans for the site outline the construction of four units which, once occupied, will lead to the construction of further units that will cater to the requirements of interested businesses.
Counsel General and Brexit Minister, Jeremy Miles stated: “Welsh Government is committed to making Wales a more prosperous and secure place to live and work. North Wales is a priority growth area, so this investment in the Conwy region is very welcome.
“This is another great example of a project benefitting from EU funds to support partner organisations through transition, and to future-proof the regional economy.”
The local area surrounding Conwy needs a boost to the job market while local businesses have also made requests for medium and large industrial units of over 1,000sq m and, thankfully, the new enterprise park just off of the A55 will provide both the necessary industrial area and around 150 jobs.
The Cabinet Member for Economic Development at Conwy County Borough Council, Councillor Goronwy Edwards added: “This is excellent news, we intend to spend the grant on infrastructure work across the whole site and to build four initial units.
“Penmaen Road is within an identified employment growth area, there is significant demand in the energy and environment, food, construction and creative sectors, so we’ll be focusing on these uses, and looking to complement the businesses based at the neighbouring Parc Cae’r Seion site.”
In the past ten years, EU funding has provided Welsh communities with more than 48,000 jobs and 13,000 new businesses, with 86,000 people being helped back into employment
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