12:40 20 Jun 2006
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Projects which form part of a £500m regeneration programme for the Heads of the Valley in
Speaking at a Heads of the Valley programme board meeting yesterday, the minister for enterprise, innovation and networks, Andrew Davies, announced a £30m allocation for the first three years of the 15-year Turning Heads regeneration strategy for the region.
The allocation forms part of the £140m in special funding to be provided by the Welsh Assembly to drive forward the long-term transformation of the valley communities.
It is anticipated that the remaining investment will be found from private sector funding.
The projects included in the confirmed £30m allocation will be split between areas such as the renewal of town centres and major transformational landscape-scale environmental projects.
The project list includes a £4m regeneration project at Blaenau Gwent and town centre improvements for five councils including Torfaen and Rhondda Cynon Taf.