AROUND 1,200 jobs could be created as part of plans for the future of Prosperity Parc, at the old Anglesey Aluminium site at Holyhead.
Stena Line has announced its plans for the site, which will see the creation of a world-leading, modern campus for new business investment, jobs and opportunity.
The plans will revitalise the long-disused site and create around 200,000sqm of development as part of a low-carbon campus, generating £578million Gross Value Added (GVA_ - the equivalent of increasing the future size of the Anglesey economy by a third.
The plans follow work undertaken at the site which has included clearing the dilapidated buildings and remediating the land for new development.
To maximise the benefits of the Prosperity Parc proposals and to create up to 1,200 additional "high-paid, in-demand jobs" on the island, Stena Line’s plans also include over 15,000sqm of dedicated office space within the site, designated for research and development, green energy and the new generation of Artificial Intelligence and associated software.
Stena Line has also announced its intent to expand the ambition and scale of the investment after securing more than 100 acres of land immediately south of Prosperity Parc, across the A55 North Wales Expressway, in the area around Cae Glas.
In addition, Stena Line has also taken ownership of the former 2 Sisters site in Llangefni, adding a further ten acres of land to their commitment to the island.
Stena Line has said that these new sites will ensure that the vision for Anglesey Freeport will go even further, including increased training across all skill ranges and with clear development paths for local people.
Ian Hampton, executive director at Stena Line, said: “We are really excited to share these proposals with the community.
"Our plans will see jobs, training and the next generation of technology come to Anglesey.
"By investing further in the Cae Glas land and the former 2Sisters site, we have shown how much we believe in Anglesey and how committed we are to delivering the vision of the Freeport.
"We believe our plans will protect and enhance the heritage of Anglesey, the Welsh language and the culture that we have been proud to be a part of for over 30 years.
“As we open our consultation on our plans, I would encourage everyone to take part, give us your feedback and help us shape the future of Prosperity Parc.”
MP for Ynys Môn, Llinos Medi, said: “I welcome this significant development by Stena Line in establishing Anglesey’s Freeport. It represents a major step forward after years of close collaboration between Ynys Môn County Council, Stena Line, the Welsh Government, and the UK Government.
“In my time as leader of the Council, I worked closely with Stena Line to develop the business case for this project, with a clear focus on creating thriving, prosperous communities. It’s about more than just economic growth; it’s about preserving our culture, strengthening our communities, and keeping the Welsh language alive and vibrant on Ynys Môn.
“For too long, many of our young people have had to leave their communities to find meaningful work and a secure future elsewhere. As the MP for Ynys Môn, I am deeply committed to working with partners to ensure this project provides the opportunities they deserve, so more of our talented young people can build their lives on the island.
“I am keen to play my part in ensuring that jobs, upskilling, and creating opportunities remain at the core of this project. This is a chance to shape a brighter future for our island, and I am determined to see it succeed.”
MS for Ynys Môn, Rhun ap Iorwerth, added: “I welcome this latest development, and I’m sure that many across Ynys Môn will too. For decades, the island has been promised economic renewal, only to be let down by successive UK Governments. Now, after the hard work of the Plaid Cymru-led Isle of Anglesey County Council, in partnership with Stena Line, a plan is emerging that can make a real difference to the future of the island.
“I will continue to play my part to ensure that the island’s interests remain central to these proposals and that the people of Ynys Môn genuinely benefit from it. There’s still a long way to go to make this project one that works for everyone on Ynys Môn - and I encourage everyone to take part in Stena Line’s consultation - but I’m pleased to see steps being taken to ensure this project reaches its full potential.”
Stena Line opened their public consultation on the plans for Prosperity Parc today - the consultation will run until January 10, 2025.
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