2 April 2012

Wales Enterprise Zones Are Open for Business


Wales five new enterprise zones have been officially launched today.  These enterprise zones comprise of Cardiff, St Athan, Ebbw Vale, Anglesey and Deeside. These zones offer special businesses incentives as well as the potential tax breaks.

The UK Treasury has allowed 100% capital allowances in parts of the Deeside Zone, furthermore the Welsh Government is influencing the Treasury for this benefit to extend to the remaining zones.

"Today's launch of these five Enterprise Zones is just the first step - it shows that Wales is open for business" said the Business Minister, Edwina Hart.