News: Levelling Up projects in Wales awarded £208 million by UK Government

23/01/2023

Press Release - Cardiff Crossrail, a new engineering campus in Blaenau Gwent, and new cycle routes through Conwy Valley are just some of the transformational local projects across Wales awarded a share of £2.1 billion from the UK Government's landmark Levelling Up Fund.

Major UK Government investment will benefit people across Wales by spreading opportunity and breathing new life into historically overlooked areas.

A total of 11 projects in Wales have been allocated more than £208 million from round two of the Levelling Up Fund. The projects will create jobs, drive economic growth, help restore people's pride in the places where they live and spread opportunity more equally..

This will drive forward the Prime Minister's priority to grow the economy by levelling up and provide the foundations for building a better future in communities across the UK. By working together the UK is better able to collectively tackle the individual challenges faced by every region and nation across the country.

Grants include £50 million for Cardiff Crossrail, the joint highest amount awarded to a UK project. There is also £9 million for a new engineering campus for 600 students in Blaenau Gwent and £18.6 million for a new cycle route between Llandudno Junction and Betws y Coed via the Conwy Valley.

Nearly £18 million will help renovate the Grand Pavilion in Porthcawl, one of the most recognisable buildings in South Wales, which has deteriorated after years of piecemeal refurbishments.

Prime Minister Rishi Sunak said:

Through greater investment in local areas, we can grow the economy, create good jobs and spread opportunity everywhere. That's why we are backing a number of projects with new transformational funding to level up local communities in Wales.

By reaching even more parts of the country than before, we will build a future of optimism and pride in people's lives and the places they call home.

Levelling Up Secretary Michael Gove said:

We are firing the starting gun on more than a hundred transformational projects in every corner of the UK that will revitalise communities that have historically been overlooked but are bursting with potential.

This new funding will create jobs, drive economic growth, and help to restore local pride. We are delivering on the people's priorities, levelling up across the UK to ensure that no matter where you are from, you can go as far as your talents will take you.

Source: GOV.UK

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