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The funding, announced by the UK Government, will support proposed developments at:

• Nant y Cafn Business Park, Seven Sisters – a 45,000 sq ft industrial development, subject to site purchase later this summer and planning approval
• Vale of Neath Business Park, Resolven – a 30,000 sq ft industrial development, subject to site purchase later this summer and planning approval

The investment is part of a wider programme targeting former coalfield communities across the UK, helping to create new jobs, support local businesses, and drive economic growth.

The announcement builds on recent success at Nant y Cafn Business Park, where six new industrial units funded by the UK Government through the UK Shared Prosperity Fund were completed earlier this year and are already fully occupied.

Leader of Neath Port Talbot Council, Councillor Steve Hunt, welcomed the news:

“This is very positive news for Neath Port Talbot and our valley communities. Investment like this helps create new jobs, supports local businesses, and brings fresh opportunities into the area.

“We’ve already seen the strong demand for high-quality industrial space at Nant y Cafn, where the new units opened this year are fully occupied. This latest announcement will build on that success and bring further investment into our communities.

“Developments like these play a key role in strengthening our local economy, giving businesses the space they need to grow and helping ensure people can access employment opportunities closer to home.”

The new developments will provide industrial space aimed at small and medium-sized businesses, supporting both start-ups and expanding companies.

The funding forms part of the UK Government’s Growth Mission Fund, with additional support from the Coalfields Regeneration Trust, aimed at helping former coalfield areas attract investment, create jobs and unlock new opportunities.