Here and now in Torsboda

2024-08-14

The industrial park's first entrepreneurs are working on their permits and Torsboda Industrial Park's work with infrastructure and to attract more establishments continues. Christian Söderberg, CEO of Torsboda Industrial Park, answers some questions here:

How is the work with the first entrant going?

- Our first entrant, PTL, is awaiting notification of environmental permits from the Land and Environment Court and the go-ahead for the investment from the ISP, the Swedish Inspectorate for Strategic Products. Only when PTL has received a yes from ISP can we finalize the land deal with them. A decision from ISP should come this fall, at the latest in December.

The law ISP deals with, the Foreign Direct Investment Review, came into force in December 2023, after Torsboda signed an agreement with PTL. What does it mean?

- As the law did not exist when we signed the contract with PTL, we have had to make an additional agreement. The latest date for the buyer to take possession has now been moved from last July to last December this year. The original agreement states that the date can be changed if the parties agree.

What else do you do in the company?‍

- At Torsboda Industrial Park, we are working to get more industries to establish themselves here. We have a mission to attract companies that contribute to green transition and provide many jobs per square meter and megawatt. Work on infrastructure for the industrial park is also underway, and we are collaborating with MittSverige Vatten och Avfall, E.ON and the Swedish Transport Administration, among others. Many balls are in the air and it's fun!

Stage one underway

Work to lay water pipes at the industrial park has begun. Right now, construction roads are being built, pipes are being welded and preparations are being made for future blasting and excavation.

Welcome PTL

On March 14, our first incumbent PTL project office opened at Sundsvall Timrå Airport.

Water for the industrial park underway

This spring, work will begin on laying water pipes to Torsboda Industrial Park. Pipes for water, sewage and industrial water for the factories' processes will be laid.

Sweden joins forces at international fair

Next week, Torsboda and Sweden will show what we have to offer to an estimated 75,000 visitors in the battery industry. Then our business developer Cain Dotson, together with Business Sweden, High Coast Invest and several other Swedish actors, will be in South Korea at the InterBattery 2024 fair.

More of the agreement is public

Torsboda Industrial Park does not appeal the Court of Appeal's decision that more of the agreement between PTL and Torsboda Industrial Park should be made public.