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Enterprise Zone Crucial After Port Profit Drop

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Thursday, 25 April, 2013
Paul Davies AM

Following recent news that the Milford Haven Port Authority has seen close to a 50% drop in profits in 2012, local Assembly Member Paul Davies is calling on the Welsh Government to move forward with the Haven Waterway Enterprise Zone, to help support the local economy.

Paul Davies said, "Whilst the drop in profits for the Port Authority does is disappointing, the establishment of the Haven Waterway Enterprise Zone by the Welsh Government is a welcome development to the area. It is important now that momentum isn't lost and that work continues alongside plans to regenerate the dock and marina. In a recent statement, the Minister for Economy, Science and Transport confirmed that she has approved the commissioning of a report to maximise new employment opportunities on the Waterston site. This report will identify recommendations to attract inward investment and growth and is due to be completed by the end of this month. I'm pleased that the Welsh Government is undertaking this work, and I look forward to reading the report's recommendations in due course."

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