A £9 million business park investment could create 950 new jobs in Newport, is set to go ahead after securing Government funding through the Midlands Engine and Telford & Wrekin Council.
This is more good news for the local economy, which is already attracting a range of major new employers, and will create hundreds of new jobs.
This investment in the Newport Enterprise site will provide space for a range of new firms including start-ups, smaller businesses and larger occupiers and could create up to 950 new full time jobs.
Cllr Shaun Davies said; “This is more great news for the borough and the region and will create a crucial employment site in the Newport area which will give a real boost to business and employment in the town and for the agri-tech sector the site will serve. The site will provide a strong offer to high tech companies,creating high value employment linking with Telford’s strong advanced manufacturing sector, being in close proximity to the world reknowned Harper Adams University and its leading Agri Tech Centre of Excellence. We now want to begin work on this new site in 2018/19 and bring employment land forward as quickly as possible."
Dr David Llewellyn, vice chancellor of Harper Adams University, added: “By working with the Local Authority and the Marches LEP,with the welcome support of Newport Town Council, we are delighted that the Growth Deal funding announcement will make it possible to embark on the next phase of our plans to create an agri-tech innovation park at the edge of Newport."