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PRIVACY
Economic Development

How the Tech Valleys project is hoping to revitalise the south Wales region

It is more than three years since the £100m, 10-year programme was announced by the Welsh Government

The Learning Zone

The Tech Valleys project has the bold aim of attracting investment and creating opportunities for the region.

The scheme is particularly keen to attract businesses and jobs in the areas of 5G, battery technology, digital and cyber research and application.

The £100m, 10-year programme was announced by the Welsh Government in 2017, and the programme, which is focusing on the area of Blaenau Gwent, has already created 100,000 sq ft of new and refurbished commercial, start-up and industrial floor-space.

Following Blaenau Gwent’s significance to the first industrial revolution, with coal mining, iron and steel making dominating for 150 years, the programme is now aiming to help the region embrace the technologies of the future.

In some areas, such as Rhyd-y-Blew, where it would not be possible for private businesses to take on the development of former open-cast and deep mine workings, the Welsh Government is investing to help bring this land in to use.

The Works (Image: Bluesky Getmapping)

It is plugging businesses and residents into the most advanced 5G network in the º£½ÇÊÓÆµ, and offering a Business Productivity Enhancement Programme in collaboration with the Welsh Government’s European Funded SMART Innovation programme, with recipients so far including Advanced Furniture, Express Contract Drying, and Swan EMS.

Launched just before the pandemic, the Business Productivity Enhancement Programme is working with manufacturing firms to increase efficiency, develop new products and explore new markets.

Advanced Furniture operations director Geraint Griffiths said: “Advanced Furniture will be able to quickly and efficiently bring new products to the market place through a new computer aided design and manufacturing package.”