Freeport status for Anglesey

RNS Number : 0744U

Conygar Investment Company PLC(The)

24 March 2023

 

The Conygar Investment Company PLC ("Conygar" or the "Group")

Freeport status for Anglesey

The Conygar Investment Company PLC, the property investment and development group, is pleased to acknowledge the success of the Anglesey Freeport Bid Consortium in securing Freeport status for Anglesey. The 203 acre brownfield site at Rhosgoch, owned by the Group, will be included within the Freeport special areas. The Freeport will form special zones with simplified customs procedures, relief on customs duties, tax benefits and development flexibility. In addition, Conygar owns the Holyhead Waterfront Development which will benefit from new investment created on the island.

Freddie Jones, Director of Conygar "We are delighted that the Anglesey Freeport bid has been successful and believe it will be transformational for the island and a significant boost for the economy going forward."

Enquiries:

The Conygar Investment Company PLC

Robert Ware/Freddie Jones      020 7258 8670

Temple Bar Advisory (Public Relations)

Alex Child-Villiers/Will Barker        020 7183 1190

 

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