Port of Milford Haven completes acquisition of key waterfront site
The Port of Milford Haven has completed the acquisition of the site at Wards Yard, Castle Pill.
Although there are no immediate development plans for the site, the Port of Milford Haven, the UK’s top energy port and Wales’ busiest port handling around 20% of Britain’s seaborne trade in oil and gas, has said it is keen to ensure this new site is protected for future investment and development. The site is located directly facing the Waterway and could in due course form a logical and potentially exciting extension of Milford Waterfront.
Alec Don, Chief Executive at the Port of Milford Haven, said: “The Port of Milford Haven has the capability and the ambition to reinvest along the Waterway and we are always looking for both short and long-term opportunities. We have a lot happening right now, of course, as the exciting ongoing work to develop Milford Waterfront gains momentum.
The Port, along with the cluster of energy-related businesses along the Waterway, is a key driver of economic activity in Pembrokeshire, attracting inward investment and supporting over 4,000 jobs, has already invested substantially in new lock gates and fishing infrastructure as well as in enhancements to the retail, food and beverage offer already available at Milford Waterfront as a well-established waterfront destination.
The Port of Milford Haven also owns and operates Pembroke Port and Milford Dock. Activities such as cargo handling, ferry operations, fish landing and cruise calls as well as a first class marina are spread across these two sites.
Alec Don added: “A number of planning applications have been submitted recently and the Port is looking forward to an exciting 2017 with more development initiatives in the pipeline.”