£6m for regeneration and redevelopment of coastal areas Posted Saturday, October 23, 2004 by penllyn
Welsh economic development minister Andrew Davies has announced plans to allocate a further £6m to the regeneration and redevelopment of coastal areas to build economic, social and tourism potential in areas of outstanding natural beauty.
There was also additional funding for social justice and regeneration amounting to £58m over three years. Priorities include rolling out the ‘communities first’ anti-poverty programme across the most deprived areas of Wales.
Both of these measures may impact on Llyn with talk of extending the marina and the two communities first areas in the Llyn AONB area.


This comes as part of the three-year spending plan, which follows chancellor Gordon Brown’s spending review in July, giving Wales an additional £2.5bn a year.
Welsh Local Government Association leader Alex Aldridge said: ‘Local government was seeking a larger increase than 5% and in this climate, pressures on frontline services will continue unabated.’
Plaid Cymru shadow finance minister Dai Lloyd said the settlement was poor compared with England’s 27% rise. He also attacked the absence of funds for rural economies.

The final budget will be announced next month, but if you can't wait, or want to see the draft-Welsh Assembly draft budget
It also includes an £800m capital investment programme to modernise hospitals and revamp social care. Economic development and transport will also receive £800m extra over the three years.
Schemes that encourage healthier lifestyles will get an extra £45m, while new money in the culture budget will include support for community programmes aimed at increasing physical activity.
The budget also includes plans for a £119m crime-fighting fund, with more than half its resources being used to combat substance misuse.
Welsh economic development minister Andrew Davies said- "Wales has already benefited from over £2.5bn of public and private sector match funding through the current round of structural funding. This additional funding will have a real impact on these communities, creating opportunity and ensuring everyone in Wales plays an integral role in generating and benefiting from a prosperous economy."

Source - newstart

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