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Port Talbot's regeneration project gets £8.2 million boost

Port Talbot's regeneration project gets £8.2 million boost

Yahoo11-02-2025

An £8.2 million boost has been announced for Port Talbot's first regeneration project.
The funding will support more than 100 jobs, with other similar projects set to follow.
The cash injection comes from the Tata Steel/Port Talbot Transition Board, which has committed £51 million to the community.
Welsh secretary Jo Stevens, who chaired the latest meeting of the board on February 6, said: "We said we would back the community of Port Talbot through Tata Steel's transition and we continue to do exactly that.
"Millions more will follow and while this remains a very difficult time for Tata workers, their families and the community, we are determined to support our steel communities whatever happens."
The money will be used for the South Wales Industrial Transition from Carbon Hub (SWITCH) project, which will redevelop a four-acre site at Harbourside, Port Talbot.
This will include the construction of shared space, flood mitigation, and the provision of specialist equipment.
The facility aims to support the steel and metal industry in reducing carbon emissions.
It is expected to generate more than £87 million for the South Wales economy.
Up to £30 million of the overall board fund will be allocated to growth and regeneration projects in the coming months.

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