It has been announced that £13.5 million will be spent to develop a new business park at Cross Hands in Carmarthenshire, which hopes to create more than 1,000 new jobs in the area.
The site will consist of a range of commercial properties including; offices, a hotel, business incubation units, an energy centre, a central business hub and other facilities for the commercial site.
Of the £13.5 million invested for the project, £4 million will be invested by Carmarthenshire Council, while the rest will be given by the Welsh Government. The funds will be used to create a new main road, which is accessible from A48, as well as on a new internal road along with providing gas, electricity, lighting, water, drainage, and landscape for the site.
Councillor Clive Scourfield, Carmarthenshire Council’s executive board member for regeneration, said: “It is a significant boost for the county. 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 the future. Despite difficult economic times, it is vital that we develop the sites to accommodate future business investment and expansion.”
Carmarthenshire deputy Chief Executive, further added: “It is great news for the county and will provide serviced sites in the longer term for the county when hopefully economy will be showing signs of improvement.”
As Stuart Walter, the Council’s physical regeneration manager expresses, the commercial site was effectively positioned for employment opportunities for those from the Amman and Gwendraeth Valleys, as well as Carmarthen and Llanelli. Mr Walters said: “There are eight plots on the sites, though some of these might be subdivided so potentially 100 businesses could be based there eventually.”
The new commercial site could also attract a large number of green businesses who provide services and products locally. This will mean producing less waste and more recycling, which then leads to a low carbon footprint, which can have positive impacts on commercial properties in various ways, Health Minister, Edwina Hart said: “Being more energy efficient is not only good for the environment, but also helps to reduce costs and save money in the long term.”
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