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Economic Development

The Valleys needs 40,000 jobs created and £350m in investments over the next 10 years, says think-tank

The Bevan Foundation is calling for a radical change in developing the region that continues to face deeply entrenched challenges

(Image: Welsh Government)

The Valleys needs 40,000 jobs created and £350m in investments over the next 10 years, according to one of Wales’ leading think-tanks.

Ahead of the Senedd 2021 election, the Bevan Foundation’s Transforming the Valleys: A Manifesto for Resilience outlines a vision for transforming the Valleys.

It calls for a sea-change in approach taken to developing the area, which continues to face deeply entrenched challenges.

The report states that the Valleys is home to approximately 800,000 people and says that while every area of Wales faces challenges of some kind, they believe few have experienced them to the same scale and persistence as the Valleys. They believe that to many the Valleys has become a byword for decline and deprivation, a view they do not share.

The broad Valleys area consists of Neath Port Talbot, Bridgend, Rhondda Cynon Taf, Merthyr Tydfil, Caerphilly, Blaenau Gwent and Torfaen.

More than 400,000 jobs are based in the region but the Bevan Foundation has calculated that if the core Valleys area had the same jobs density as the rest of Wales, it would have around 140,000 more jobs than at present.

Among its proposals, the think-tank urges the Welsh Government to designate the Heads of the Valleys as a “new town”. The report says that designating a new town along the Heads of the Valleys corridor as part of a network of anchor towns could be a catalyst for an enhanced Valleys identity, offer and new investment.

Compared to other coalfield areas of the º£½ÇÊÓÆµ, the Valleys has the additional complication of the area’s geography, which makes travelling more difficult.