News

The Welsh Government has announced the sale of a 30-acre site on Baglan Industrial Estate to Glass Systems Limited, which will safeguard 500 jobs plus also create 100 new jobs.

The UK Government must do more to support businesses in Wales facing ever-increasing energy costs, Economy Minister Vaughan Gething has said.

Monmouthshire-based Creo Medical Limited is expanding and creating 85 well-paid jobs over 3 years, thanks to a £708,000 investment from the Welsh Government, Economy Minister Vaughan Gething has announced.

• Economy Minister confirms Welsh Government support for expansion of Newport’s compound semiconductor cluster is making progress.
• Minister met leaders from leading semiconductor equipment company KLA during trade visit to California to reiterate Welsh Government support.
• Welsh Government calls on UK Government to ’get on the pitch’ with a fully funded semiconductor strategy that matches ambition of global competitors.

Economy Minister, Vaughan Gething was in Port Talbot today to congratulate the Celtic Freeport consortium on their successful bid to be Wales’ first freeport, which is set to deliver tens of thousands of new, high-quality jobs in south west Wales.

• Two new freeports set to be established in Wales - Celtic Freeport covering Milford Haven and Port Talbot, and Anglesey Freeport in North Wales.
• Both freeports aim to attract £4.9bn in public and private investments, with the potential to create around 20,000 jobs by 2030.
• Freeports designed to enhance Welsh Government investment and policies for stronger, fairer, greener local economies.

New funding to help maintain and strengthen Wales’ business, economic and research ties with European regions following the UK’s exit from the EU has been announced today by the Welsh Government.

Supporting North Wales businesses to build on their capabilities is key to success in international markets, North Wales Minister Lesley Griffiths has said.

Addressing the “Explore Export Wales” annual conference, Economy Minister Vaughan Gething will announce the Welsh Government’s full export support programme for 2023/24 and an investment of £4m to deliver it.

Minister for Social Justice Jane Hutt has visited the Employment Support Hub in Llangefni set up to offer help and advice to those affected by the 2 Sisters announcement.

• New net zero skills plan sets out vision of the role skills will play in moving Wales away from the fossil-fuelled economy of the past to a new low carbon future, as part of a just transition.
• Net zero jobs will become the cornerstone of the new industries of the future, that very likely don’t yet exist.
• Economy Minister launches new plan to ensure today’s children and workers will have the skills required to work in the new jobs of tomorrow’s net zero economy.

The Welsh Government and Pembrokeshire County Council have completed the sale of land to a Pembrokeshire-based company for the development of a new milk-processing facility in the county, as part of a multi-million-pound investment.