SIXTY new jobs will be created in Newport following the construction of a new £23 million development - part of a project between Associated British Ports (ABP) and european investors.

The new facility will be used to store gypsum, which will be delivered by ship before being used for the manufacture of plasterboard.

This will eliminate the need to transport raw materials from the port to an in-land factory by road, which will help reduce CO2 emissions. It is projected that the development will create around 60 full-time jobs in the area.

The project has also received a £750,000 boost from the Welsh Government.

Minister for economy, transport and North Wales, Ken Skates, said: “This major investment in Newport is great news and a real show of confidence in the area.

“Wales remains a strong location for investment and I am delighted our long-term efforts with key partners have secured the development of this state-of-the-art manufacturing centre. This will create high quality employment opportunities and be crucial in supporting of our construction sector.”

Construction is planned to commence in April 2021 and will be delivered by Knights Brown, a Bridgend company.

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Andrew Harston, ABP director for Wales, said: “We’re delighted to welcome this inward investment opportunity to the Port of Newport, as the first major project in our port-centric manufacturing strategy.

“This project, which combines the use of brownfield development land, deep water shipping, rail transport and renewable energy is a fantastic example of the solution we can offer.

"We look forward to working with our contractor Knights Brown to deliver the facility, which will create around 60 jobs for the regional economy.”

Ralph Windeatt, ABP group head of business development, added: “By working closely with our partners at Newport City Council and Welsh Government, we have been able to attract this inward investment opportunity to the port, creating valuable jobs for the region.

“Port-centric manufacturing and distribution has the potential to reduce cost and carbon in our customers’ supply-chain by reducing the need for in-land transport, additional handling and building a more sustainable supply chain at the centre of arterial transport networks.

"We believe that port-centric solutions will create opportunities for significant future investment and business growth around our ports.”