The Welsh Government has entered into a Joint Venture with
Merthyr Tydfil County Borough Council to develop a 19 acre
employment site.
The agreement will provide enabling infrastructure for
investment-ready plots to be built at Goat Mill Road, in Merthyr
Tydfil. The site has remained undeveloped since remediation works
in the mid to late 1990's.
The scheme will benefit from Welsh Government funding of more
than £4.5m, alongside a £5.1m investment from Cardiff Capital
Region (CCR) to Merthyr Tydfil County Borough Council.
The enabling works will create jobs during the construction and
occupational phase, when the plots are built on.
The investment will capitalise on recently completed improvements
made to the nearby A465 and complement projects undertaken as
part of the Tech Valleys programme.
Cabinet Secretary for Economy, Energy and Planning, , said:
“Well connected, high-quality business spaces are crucial for
expansion and job creation.
“This important project will accelerate the availability of
investment ready plots at this site and deliver employment
opportunities for people in the surrounding communities, helping
us deliver on our priority of growing the economy in all parts of
Wales.”
The investment from CCR is through its Northern Valleys
Initiative (NVI).
Mike Brough, Strategic Director for Regional Growth at Cardiff
Capital Region, said:
“Remediating and developing valuable land like this for
sustainable growth is what CCR's Northern Valleys Initiative is
all about and we are delighted to co-fund this with our partners
in Welsh Government and the local authority in Merthyr Tydfil.
Our team looks forward to co-working on this over the next few
years, aiming to stimulate economic growth and increased job
creation into Merthyr Tydfil.”
Councillor Brent Carter, Leader of Merthyr Tydfil County Borough
Council, said:
“Merthyr Tydfil is fast becoming a place where people want to
invest and bring their businesses. This is partly due to our
strategic location; we are in the perfect place, being situated
in the heart of the valleys with excellent transport links across
South Wales.”
Notes to editors
- Once the enabling works are completed, 228,000 sq ft of
industrial space will be available for business use.
- It is hoped that the site will deliver 21.6% of the GVA
required from the NVI.
