Swedish maritime giant Stena Line has embarked on the initial phase of transforming the defunct Anglesey Aluminium facility into a thriving business precinct, now dubbed Prosperity Parc. The company has formally submitted a demolition notice to dismantle the existing derelict structures on the site, marking the inception of its redevelopment plans.

The erstwhile Anglesey Aluminium site, which ceased operations over a decade ago, has been idle since 2013. With the submission of the demolition notice to the Isle of Anglesey County Council, Stena Line sets the stage for reinvigorating the site as a lucrative venue for potential business investments.

Owned by Stena Line, the site is earmarked as one of the distinct customs and tax locales within the Freeport, rendering it an attractive proposition for new businesses contemplating investment on the island. The demolition proposal is reflective of Stena Line’s ambitious vision for the Anglesey Freeport, anticipated to spawn up to 13,000 job opportunities across North Wales and augment the UK’s GDP by £1 billion by 2030.

The application delineates this venture as a meticulously orchestrated and environmentally accountable development initiative. The planning phase accords priority to local enterprises for ground clearance and demolition tasks, ensuring immediate benefits for the local populace from the inception of Anglesey Freeport operations.

Upon approval, the demolition activities are slated to commence promptly, signifying a significant stride towards revitalising the site for future business endeavours.

Ian Davies, the Head of UK Port Authorities at Stena Line, expressed his enthusiasm about this monumental development. Having operated on Anglesey for over 30 years, Stena Line’s acquisition of the Aluminium site last year underscored its commitment to rejuvenate the site, thereby fostering job creation and business opportunities on the island.

Isle of Anglesey County Council Leader, Councillor Llinos Medi, alongside Economic Development portfolio holder, welcomed the demolition application, viewing it as a watershed moment for the old Anglesey Aluminium site. Their collaboration with Stena Line on the Anglesey Freeport project aims at significant job creation, with a resolve to maximize opportunities for both businesses and residents of Anglesey.

Virginia Crosbie, MP for Ynys Môn, applauded Stena’s proactive approach, particularly lauding the local-first hiring policy, a move resonating well with the island’s aspirations for job creation and economic growth.

This initiative heralds a new dawn for the island, as it steers towards converting derelict land into a hub of investment, job creation, and progress, aligning well with the broader economic aspirations of Anglesey and its residents.