THE HOME for the £10 million Menai Science Park has been chosen.
Park Director, Ieuan Wyn Jones, announced that the preferred location for the park's 50-acre site would be on the outskirts of Gaerwen, near the A55 slipway, on land owned by Anglesey County Council.
The site for the Bangor University-led, Welsh Goverment-funded project was chosen from a shortlist of three sites on the island.
Now, the hope is the park will create a number of job opportunities to the island, as project leaders hope to establish the park as a centre for Anglesey's Energy Island and enterprise zone schemes.
A final decision on the site will be made later this year.
Ieuan Wyn Jones said: “After undertaking a rigorous internal process, I am delighted that we now have a preferred site for our Science Park project, which will play a key role in creating high value employment in North West Wales.
“The Park will build on the existing strengths of Bangor University in a number of research areas, including energy, environmental services, clean technology, engineering and electronics.
"All the evidence shows that these areas have great potential for growth and produce jobs with much higher salary levels than the current average for Wales.
“By choosing Gaerwen as the preferred site, we can capitalise on strong links to Energy Island and the fact that Anglesey is a designated Enterprise Zone.
Anglesey’s Economic Development portfolio holder, Councillor Aled Morris Jones, said: “This is positive news and the proposed facility could represent a major new project for the Island.
"There is still, of course, a great deal of work that must to be done in order to bring the project to Gaerwen.
“The County Council’s Economic Development Unit will continue to work closely with Bangor University and Welsh Government to develop the project further.”
Anglesey’s Head of Economic Development, Dylan Williams, added, “If all goes well, we hope to see the new science park become a hub for companies specialising in scientific innovation, research and development.
"This would help attract inward investment and create employment opportunities for generations of young people.”
Menai Science Park will now be working with the utility companies and consultants to firm up proposals for the site including the costs of the development, and verifying the archaeological survey of the site.