Mae Rhondda Cynon Taf, a fydd yn arwain y datblygiad, a Llywodraeth Cymru yn cydweithio er mwyn ariannu'r prosiect hwn yn rhannol, ac mae pob partner yn buddsoddi £675,000 a fydd yn ychwanegol at y cyllid gan yr UE. Caiff y parc diwydiannol newydd ei adeiladu ar 15 hectar o gaeau brown sy'n eiddo i Lywodraeth Cymru ar gyn safle pwll glo a golosg Coed Ely.
Rhondda Cynon Taf, who will lead the development, and Welsh Government are working together to part fund this project, with each partner investing £675,000 in addition to the EU funding. The new industrial park will be built on 15 hectares of Welsh Government-owned brown field land at the former Coed Ely colliery and coking site.