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Manufacturing

Rolls-Royce Submarines confirms 130 job investment for Cardiff with hopes it will lead to thousands more

The first phase investment is linked to its role in delivering a new fleet of nuclear submarines for the Australian Government

How a new Aº£½ÇÊÓÆµUS delivered submarine could look.(Image: PA)

Rolls-Royce Submarines is creating 130 high-skilled jobs Cardiff in a first phase investment that has the potential to see thousands more.

The investment, confirmed by the Ministry of Defence, is linked to a multi-billion contract to deliver a new fleet of attack nuclear submarines for the Australian Government. The Aº£½ÇÊÓÆµUS programme also involves the US government.

The confirmed investment will be located at Paramount Business Park in St Mellons. However, Rolls-Royce has identified the planned new Cardiff Parkway mainline train station and integrated business park at St Mellons as a potential location for a major hub for its involvement in the Aº£½ÇÊÓÆµUS programme. While it will appraise other º£½ÇÊÓÆµ locations, with supply chain co-investment, there is the potential for several thousand new jobs being created at Parkway.

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Both elements of the scheme, in a £120m four platform station and business park, were called by the . Following the reopening of a planning hearing in January, after it strengthened planning policy on the protection of sites of special scientific interest, a final decision by the Welsh Government will be made later this month. This is likely to be taken after the appointment of a new First Minister.

Rolls-Royce, in providing evidence to the hearing, appraised Cardiff Parkway as an ideal site for expansion with its own mainline train station - with prospects for increased services across South Wales and to Bristol - as well as the security provided by a dedicated and secure campus at an out of city centre location.

An artist's impression of the Cardiff Hendre Lakes development, leading down towards Cardiff Parkway train station

The Parkway station and integrated business park, which over the long-term could provide 900,000 sq ft of mainly new office, but with leisure and a small element of retail space, is being developed by Cardiff Parkway Developments. The Welsh Government has a minority 10% equity stake in the business, in which financial services giant Investec has the biggest equity interest. The other investors are entrepreneur Nigel Roberts and his family.