Work on a new business park in Cross Hands, Carmarthenshire – which could eventually create over 1000 jobs – can now proceed after the Welsh Government announced a major financial backing.
A package of grants amounting to £13.5m will be used to install infrastructure, including a new access road from the A48, a new internal road, and utilities and landscaping of the site, which is close to Heol Parc Mawr and Gorslas.
Outline planning applications for offices, business incubation units, a hotel, a central business hub, an energy centre and other facilities for the park has already been lodged, and those behind the project claim it could eventually be home to more than 100 businesses.
Regeneration minister Huw Lewis said: "The development of this site will boost the region's economy by creating an accessible and high-quality environment to ensure businesses succeed, attracting further investment and leading to more job opportunities."
The Welsh Government is giving £9 million to the project, including money from the Western Valleys Regeneration Area, the European Regional Development Fund and a transport grant, while scheme manager Carmarthenshire Council is investing £4 million.
Councillor Clive Scourfield, the council's executive board member for regeneration, called it a "significant boost" for the county.
He said: "Our aim is to build on the strategic location of the site and ensure that Carmarthenshire will have employment land of the highest quality to attract investment and provide jobs in future.
"Despite difficult economic times it is vital that we develop the sites to accommodate future business investment and expansion."
Those promoting the new employment park hope it will attract green businesses that find and sell their goods and services locally.
They believe that having enough of these businesses in one place will mean the park will have a lower than average carbon footprint, produce less waste and see more rubbish recycled.
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