Business
Planning Permission for Parc
Planning Permission for Parc.
About this update from Conygar Investment Company Plc
[{"type":"text","content":"\n RNS Number : 4892L Conygar Investment Company PLC(The) 06 May 2010 \n \n\n \n6 May 2010\nThe Conygar Investment Company PLC\n \nPlanning Permission for Parc Cybi Development in Holyhead is Received\n \nThe Conygar Investment Company PLC (\"Conygar\") is pleased to announce that Anglesey Council's planning committee has approved the application for the Parc Cybi development in Holyhead. The application, which was deferred last month due to a technicality, went before the planning committee yesterday, 5 May 2010, with a recommendation for approval from officers.\n \nConygar's Parc Cybi development will comprise circa 30,000 sq ft of offices and 100,000 sq ft of warehousing and distribution units for the logistics industry. Parc Cybi is a 120 acre site developed by the Welsh Assembly Government to help counter the effects of the closure of Wylfa Nuclear Power Station and the end of smelting at Anglesey Aluminium. Peter Hain, Secretary of State for Wales, welcomed redevelopment plans in Holyhead in February this year.\n \nHolyhead is the second biggest trailer port in the UK with over 350,000 crossings per annum. It is the UK's third largest car ferry port and, unlike all other major UK ports, has no distribution, warehousing or cold storage facilities for the logistic industry using it. Users on both sides of the Irish Sea will benefit from these facilities, at a rental level that would probably be less than half of that paid in Dublin and a significant discount to other locations in the UK.\n \nConygar believes that the logistics centre would create 450 warehouse, distribution and office jobs and will be the catalyst for further interest and development at Parc Cybi. Furthermore, a new nuclear power station is to be built at Wylfa on Anglesey, some ten miles away, which will involve a massive logistical exercise with a £15 billion project involving 5000 construction jobs. Conygar will target the contractors and suppliers to the Wylfa project, as the Parc Cybi site is not only the closest, but the only location that can provide the necessary facilities and adjoins the deepwater port of Holyhead where much of the supplies will arrive.\n \nRobert Ware, Chief Executive of Conygar, said, \"We are obviously pleased that planning consent has been granted for ...