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<-- Project Impacts - Regeneration |
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The
re-opening of the Ebbw Valley line to passenger trains will encourage
inward investment and employment opportunities - the railway will increase
the size of the labour pool who will be able to access jobs within the
Valley. Strategies for the short to medium and medium to long term
have been developed.
Short
to medium term strategy The
short to medium term strategy will address issues such as training
and skills, educational attainment, job search, new business start-ups,
access to technology and the attraction of commercial and non-commercial
investment. Much of this will involve investment in people but this
investment will pay off only if the population has sufficient confidence
in the future to remain in the Ebbw Valley. Part of building future
confidence involves specific new investment.The rail link to Cardiff and
Newport is a key element especially as it offers the prospect of access to
employment. This is essential if people are to be motivated to stay in the
area and to participate in the regeneration initiatives currently being
planned. Medium
to long term strategy The
medium to long-term rationale for the railway is principally to enhance
accessibility between the Ebbw Valley and Newport and Cardiff. This would
enable the Ebbw Valley to share in the benefits of positive economic
changes that will take place in the wider region over the next 5 to 10
years. It is recognised that the potential to take advantage of
accessibility improvements in terms of employment has been limited in the
past by a combination of weaknesses in skills and work experience – the
skill base is narrow, residents tend not to travel far to work and the
economics of travel to work are unlikely to be attractive to those who are
able to access only low paid employment. The
medium to long term strategy plans to address these issues by enabling the
sustained regeneration of the sub-region, by enhancing the competitiveness
of the Ebbw Valley and by measures to address skills issues. However, the
key role of the railway in the short term is to demonstrate that there is
a commitment to sustaining and developing the Ebbw Valley. Role
of the In
both the short and medium/longer term, improved intra-regional
accessibility will offer greatest benefits in conjunction with the other
key policies of the regeneration strategy, especially those aimed at
improving skills of Ebbw Valley residents. This will encourage wider job
searches and enable a proportion of Ebbw Valley residents to access better
paid jobs. The ability to enter higher paid employment is important
especially where Ebbw Valley looks to Cardiff for employment. In the medium to longer term, greater labour demand will be generated from within the sub region as well as from outside – especially Cardiff. This labour demand will include higher skilled jobs in the service sector and lower/medium skilled jobs in a substantially revitalised and expanded Newport City Centre.
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