Benefits

 

Industrial South East Wales has suffered signifcant economic deprivation in recent years with the shrinking of heavy industry. It now lags behind most of the UK when you measure the value of goods and services produced in a region (Gross Domestic Product or GDP) in one year. For the Valleys the GDP figure is only 75% of the UK average and as a consequence of this the region is now designated an Objective 1 Area as defined by the EU.

The reality of this Objective 1 'badge' translates into  higher than average unemployment and even higher levels of economic inactivity amongst the population, with all the associated problems that brings. The recent closure of Tower Colliery with 250 job losses and the recent scare at the old Ferrari bakery further illustrates these problems.

Enviroparks, as a Welsh company, strongly believes in attracting inward investment into the region and addressing these issues ourselves. The management team has been working for almost three years, on this principle, to deliver the first Enviropark into South East Wales.

The total inward investment into Hirwaun will be between £70 million and £100 million - depending on the final configuration of the proposed high energy park occupier

Simiarly the job creation will be between 150 and 200 jobs. These jobs will be recruited locally and we will have a policy of training and long term commitment to our employees.

Enviroparks business planning looks forward 25 years - so we are also looking at long term employment for semi-skilled and skilled persons at wages rates projected above the local average.

The production of subsidised electricity -it is hoped- will act as a catalyst for further regeneration of Hirwaun Industrial Estate.

Finally, we believe that the first Enviropark at Hirwaun will set new standards in recycling, energy production and waste management and will attract interest from around the world - something, as a Welsh company, that makes us justifiably proud - to be leading instead of being behind!