Anglesey To Receive £4.7m Funding Boost

Anglesey is to receive a significant cash injection to help restore its local economy.

The Daily Post has reported that Anglesey Council has successfully bid for £4.7 million to revitalise Holyhead, the largest port town in Wales.

Welsh Government and EU funding is supporting the construction of new business facilities in Penrhos, as well as the reconstruction of the historic Holyhead Market Hall.

The expansion of business sites could create over 40 full-time jobs at a site that has lain empty for 30 years. The site, a former Heliport, will provide some 30,000 square feet of office, storage and light industrial space and will support the low carbon energy sector.

The site has been neglected since a helicopter service between Holyhead and Dublin was grounded less than three months after it was opened for business.

In addition, the ongoing reconstruction of the town’s Market Hall will benefit from more than £818,000 to complete its development into a modern community hub for business and information, including the town’s central library.

Assembly Member Mark Drakeford was quoted by the newspaper as saying: “This investment will help ensure Holyhead has suitable infrastructure in place to enable businesses to flourish in the growing low-carbon sector and create prosperity for North Wales.”

Councillor Carwyn Jones, economic development portfolio holder, said Anglesey is benefitting from this regeneration boost, with numerous private sector projects currently under development on Anglesey.

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