Baglan Bay Energy Park sits within the Port Talbot Waterfront Enterprise Zone which focuses on the advanced manufacturing, energy, environment and construction sectors. It is one of eight Enterprise Zones across Wales and is a critical part of the Welsh Government’s continued commitment to creating jobs and sustainable growth. Port Talbot Waterfront Enterprise Zone is managed by an independent private sector-led advisory Board.
HM Treasury offers Enhanced Capital Allowances (ECAs) at the Port Talbot Waterfront Enterprise Zone because of its strong focus on manufacturing. ECAs enable businesses to claim a 100% first year allowance for the capital cost of investment in any plant and equipment made before 31 March 2020.
This makes Baglan Bay Energy Park an attractive option for manufacturing businesses looking to establish, relocate or expand operations within Wales. Full inward investment opportunities can be viewed at businesswales.gov.wales