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Aid plan to follow Wylfa closure Aid plan to follow Wylfa closure
(about 2 hours later)
Plans for the regeneration of Anglesey after the planned closure of Wylfa nuclear power station in 2010 are due to be unveiled.Plans for the regeneration of Anglesey after the planned closure of Wylfa nuclear power station in 2010 are due to be unveiled.
The power station, along with its main customer, Anglesey Aluminium, is one of the biggest employers on the island. The power station, along with its main customer Anglesey Aluminium, is one of the biggest employers on the island.
Both Anglesey and Gwynedd councils have called for a 10-year regeneration plan.Both Anglesey and Gwynedd councils have called for a 10-year regeneration plan.
Welsh Economic Development Minister Andrew Davies is set to announce plans for a "growth hub" on land on either side of the Menai Strait.Welsh Economic Development Minister Andrew Davies is set to announce plans for a "growth hub" on land on either side of the Menai Strait.
The Nuclear Decommissioning Authority (NDA) confirmed over the summer that Wylfa will not have its operating life extended beyond 2010.The Nuclear Decommissioning Authority (NDA) confirmed over the summer that Wylfa will not have its operating life extended beyond 2010.
The NDA estimated it would cost up to £250m for Wylfa to continue operating beyond that date.The NDA estimated it would cost up to £250m for Wylfa to continue operating beyond that date.
'Action plan''Action plan'
The station powers the metal smelting plant Anglesey Aluminium in Holyhead and together the two firms employ around 1,500 people on the island.The station powers the metal smelting plant Anglesey Aluminium in Holyhead and together the two firms employ around 1,500 people on the island.
Anglesey and Gwynedd councils have called on the Welsh Assembly Government to offset the power station's closure with millions of pounds worth of investment.Anglesey and Gwynedd councils have called on the Welsh Assembly Government to offset the power station's closure with millions of pounds worth of investment.
They said a 10-year regeneration strategy, working with the University of Wales, Bangor, could to help attract businesses to the area.They said a 10-year regeneration strategy, working with the University of Wales, Bangor, could to help attract businesses to the area.
Wylfa and Anglesey Aluminium are major employers in the areaWylfa and Anglesey Aluminium are major employers in the area
In a speech at the high-tech Technium CAST centre at Parc Menai on Thursday, Mr Davies is expected to announce the creation of a economic development team involving the Welsh Assembly Government, councils, business leaders and university academics.In a speech at the high-tech Technium CAST centre at Parc Menai on Thursday, Mr Davies is expected to announce the creation of a economic development team involving the Welsh Assembly Government, councils, business leaders and university academics.
He said: "The team will develop an action plan for future economic development.He said: "The team will develop an action plan for future economic development.
"Energy supply is a key issue for the future economic development of Anglesey and retention of well-paid employment, particularly at Anglesey Aluminium."Energy supply is a key issue for the future economic development of Anglesey and retention of well-paid employment, particularly at Anglesey Aluminium.
"This will be a major priority for the programme board.""This will be a major priority for the programme board."
Mr Davies is also expected to announce two measures aimed at improving transport links for Anglesey and Gwynedd.Mr Davies is also expected to announce two measures aimed at improving transport links for Anglesey and Gwynedd.
There are plans to improve the A487 between Caernarfon and Bontnewydd and a feasibility study of increasing the capacity of the Britannia Bridge will take place.There are plans to improve the A487 between Caernarfon and Bontnewydd and a feasibility study of increasing the capacity of the Britannia Bridge will take place.
Both sets of proposals are expected to be published during the second half of 2007.Both sets of proposals are expected to be published during the second half of 2007.