The Celtic Freeport welcomes the publication of the UK Industrial Strategy, which outlines targeted support for eight growth sectors and key frontier industries such as carbon capture, hydrogen, floating offshore wind (FLOW), batteries and defence maritime capabilities.
Key commitments include a new ‘Connections Accelerator Service’, lower electricity costs and faster grid access for ports and a long-term deployment trajectory for offshore wind, alongside the creation of Industrial Strategy Zones, bringing together Freeports and Investment Zones with a renewed focus on place-based growth.
“Celtic Freeport welcomes the UK Industrial Strategy, following recent budget allocations and renewables announcements – a period of growing momentum.
“As South Wales’ industrial base evolves, this strategy supports both emerging and established sectors and we are thrilled to see a renewed focus on regional and place-based development with additional investments committed.
“With a strong skilled workforce, innovation assets and world-class infrastructure, the Celtic Freeport team and its partners stand ready to continue to support a thriving Wales’ industrial cluster,” commented Luciana Ciubotariu, CEO of the Celtic Freeport.
