The Local Economy
Whats happening in the local
Neath Port Talbot is home to a wide range of national and
international companies such as Amazon, GE Energy, Intertissue,
Ecolab and steel producer Corus now part of Tata Steel, India's
largest integrated private sector steel company.
The local economy is based on a strong manufacturing base,
almost twice the UK average, a steady increase in the service
sector and construction industry and an increasingly successful
tourism and leisure industry.
Many major regeneration schemes are underway, showing a growing
confidence in the area.
One of these schemes is the £1.2 billion Coed Darcy urban
village which when completed will boast four new schools, health
and sports facilities, a community centre and shops as well as some
Other developments include £80m redevelopment of Neath Town
Centre, and well over £30m of private sector investment to date
spent regenerating Aberavon Seafront.
Baglan Energy Park is the first stage in the regeneration of
Baglan Bay, a single development site to eventually total some
1,500 acres. Opportunities exist for both manufacturing and service
industries on this prestigious and ideally located strategic site
adjacent to Junction 41 of the M4 motorway.
Together as a whole, the developments are providing employment
growth and huge increases in investment.
Neath Port Talbot also offers:
- An active manufacturing sector with the automotive sector,
consumer electronics and components, general and precision
engineering as well as other light operations well
- A research and development facility for the development of
modern manufacturing and innovative materials processing
- Technology-led business incubation facility to provide
knowledge and support to businesses specialising in energy,
renewables, waste management, sustainable materials and
- Close links to universities to support research and development
- A key facility for the development of alternative fuel
- Showcase for one of the world's most advanced gas turbine
combined-cycle technology at the £300m GE Energy Power
- Flagship project promoting the use of biomass energy in the
- Growing tourism industry contributing up to £73.9m to the local
- Web design, animation, special effects, and even the area's
first recording studio are activities being encompassed by the film
and media sector.