£26 m deal to establish new Freeport in Wales

UK government and UK Government Wales/Llywodraeth DU Cymru have reach a £26 million deal to establish new Freeport in Wales

An agreement has been reached between the UK and Welsh governments to collaborate and deliver a new Freeport in Wales.

Backed by millions in UK government funding, the Freeport will support the regeneration of communities in Wales by attracting new businesses, jobs and investment, as well as growing the Welsh economy.

Bidders must show how they will create high-quality employment opportunities offering good salaries and conditions and meet the governments’ shared climate change commitments to reach net zero by 2050.

In another landmark step in cooperation, officials from UK and Welsh governments will jointly assess the bids in a fair and transparent selection process to ensure that the best possible sites come forward and that it delivers the maximum benefits to communities across Wales.

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