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Choose Newport for Business Growth and Development


Newport continues to undergo one of the most transformational regeneration programmes in the UK, creating significant business opportunities and positioning the city as one of the leading centres of the Cardiff Capital Region. Growing numbers of developers and companies are capitalising on the city’s extensive business opportunities.


The City Centre Masterplan outlines the next phase of the city centre’s regeneration, and the ambitious programme of work planned for the heart of Newport. A successful city centre is crucial to establishing Newport as the best place to live, work, visit and do business.


Developments to Date


A new railway station, world-class award-winning university campus, £117 million Friars Walk retail and leisure development, state-of-the-art business premises, riverfront housing, transformed landmark buildings and iconic architecture have already transformed the city centre.


A £100 million International Convention Centre Wales (ICCW), catering for more than 5,000 delegates, has been constructed. This major visitor destination will bring £70 million into the local economy and create demand for an additional 100,000 bedroom nights in the region pa.


Construcciones y Auxiliar de Ferrocarriles (CAF) – CAF has invested £30m in a new factory at Celtic Business Park, creating up to 300 new jobs. High speed trains, diesel and electric trains and light rail trams will be supplied to operators across the UK.


IQE’s new facility in Newport was secured in partnership with the Cardiff Capital Region and supported by both Welsh and UK governments. It represents the creation of the world’s first semiconductor cluster and


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is expected to grow the sector to around 5,000 jobs across the region in the next five years.


123-129 Commercial Street –This flagship £11m scheme will deliver 38 high-quality apartments in the city centre.


Chartist Tower –Redevelopment of the tallest building in the city centre into a new 164- bedroom Mercure hotel with over 11,000 sq m of office space, ground floor retail and restaurant is almost complete. This high quality development is linked to increased demand for bed spaces generated by the ICCW.


Why Choose Newport?


There are so many reasons why Newport makes the perfect location. Its superb position at the gateway to South Wales is ideal for companies looking to expand or establish a UK presence and also for start-ups who are looking for a cost-effective, strategic business base.





London is just 90 minutes away by train and 120 minutes by car while nearby airports and the city’s sea port offer excellent national and international connections.


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Electrification will reduce rail journey times further and the removal of the Severn Bridge tolls has greatly improved road journeys.


Newport has access to a large, loyal workforce. Around 479,000 economically active people live within 30 minutes’ drive of the city and over 1.6 million within one hour’s drive.





Newport has been named 1st in Wales and 2nd in the UK for starting up a new business and is ranked 2nd in the UK for its proportion of high growth businesses.


The city’s superb location and large workforce have attracted investment COMMERCIAL PROPERTY MONTHLY 2020


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