The 1.5km highway – a Welsh Government led project - is the second and final stage of the Ffordd Amazon road, the first stage provided access to Amazon’s distribution centre.
This second stage is strategically important as it will enable a second access road to be built to serve Coed Darcy, a £1.2 billion regeneration scheme covering 1060 acres of land in the ownership of St. Modwen, a private sector developer. The mixed use development is to include 4000 new homes that will require this second access.
The extension of Ffordd Amazon will also release 30 acres of privately owned employment land and five acres of Welsh Government owned employment land for development purposes.
Welcoming the news Business Minister Edwina Hart said:
"It’s good to hear the new highway has come in ahead of schedule and on budget. The road is strategically important as it supports the on-going development of Coed Darcy, one of the most significant regeneration projects in Wales that will create a new sustainable community with extensive commercial development land that will create new job opportunities.
"I am also pleased that sites adjacent to the new road that were previously land locked, have been opened up and now have the potential to attract new investment and new jobs."
The road, funded by the Welsh Government, with over £1.5m from the European Regional Development Fund and £1.1million from St. Modwen was supported by Neath Port Talbot County Borough Council through land acquisition.
The new road will primarily act as a public transport link between Coed Darcy and Swansea city centre with general traffic only gaining access from Fabian Way.
The completion date for the project was March 2013 but the contractor, Swansea based Dawnus Construction, through the use of some innovative techniques, have succeeded in bringing the completion date forward and this now set for mid-December 2012.
Councillor Ali Thomas, Leader of Neath Port Talbot Council, said:
"This scheme is the result of the partnership between Welsh Government, St Modwen and Neath Port Talbot County Borough Council. It delivers an important element of the Fabian Way Corridor which was identified in a study financed by the Welsh Government and approved by both Swansea and Neath Port Talbot.
The growing stature of Fabian Way as a location for such major developments as the second University campus, Swansea Bay Studios and SA1 means the upgrading of its infrastructure is vital.
Neath Port Talbot Council recognises the importance of developing good transport links between Coed Darcy and Swansea and providing access to other tracts of land which will encourage further economic growth for the wider area. We therefore keenly welcome the early completion of the road and the opportunities that it presents for the future."
Rupert Joseland, South Wales Regional Director, St. Modwen said:
"This is a significant milestone in the development of Coed Darcy which will provide access for the 10,000 residents who will live at the development as well as those working in the business park and in the schools and leisure facilities. We have just started phase one of housing at Coed Darcy so the infrastructure being delivered on time demonstrates the real progress being made on the development which will create more than 4000 new jobs to support the economy when complete."