Work to build the Circuit of Wales racetrack could start as early as Easter 2016, the local Blanaenau Gwent Council has revealed.
The project, which is set to be worth over £320m, was given the green light after the Welsh Government gave approval for more than 830 acres of common land to be deregistered and used for this state of the art project.
The giant Spanish contractor FCC has secured the main contract to transform the huge space into a state of the art international motor circuit, technology park and training facility, with the local firm Alun Griffiths delivering the ground reprofilling and infrastructure works for the project.
The Head of the Valleys Development Company claims it will create thousands of construction jobs for workers in the area during the build phase, which is great for the area as the Valleys haven’t seen much construction in recent years. Upon completion the project is also set to create 6,000 full time jobs and attract 750,000 visitors a year.
Construction was due to begin in February 2015 but it is understood that several parts of the planning process still had to be negotiated. Now everything has been organized construction will begin next month.
There are also plans for a 30 megawatt solar park from Chinese firm Hanergy, as well as two hotels.
The aim is to have the track completed for the circuit to stage the British MotoGP in 2017, before the entire development is completed in 2020.
The main race track is 3.5 miles in length and there will be additional smaller circuits for karting, motocross and 4x4. Motor sports and automotive testing facilities, including a driver training centre and automotive proving ground are also planned.
This sounds like an awesome project that is going to create a new race circuit for Wales that will rival any in the world, bringing hundreds of thousands of visitors to the area each year, helping the local economy hugely whilst also creating thousands of jobs for locals.