Financial Secretary to the Treasury Greg Clark said the people in the regions are best placed to solve any "obstacles" that stand in the way of jobs.
Highlighting a lack of skills, and infrastructure, he said "the people who can best do something about it, are the people in those towns".
More top news
Clarke Carlisle "thinks about and prays for" the lorry driver he jumped in front of last year when he attempted to take his own life
The number of veterans seeking help for post traumatic stress disorder (PTSD) has risen by more than a quarter over the last year.
Plaid Cymru will today launch its election manifesto in Bangor ahead of the general election.