The Welsh Government have announced details of where £47m will be spent on flood defences in 2013 and 2014.
The Environment Minister said the figure would include £4 million from the Wales Infrastructure Plan and over £6m from the European Regional Development Fund.
The announcement was made at a flood summit which was called to bring all key agencies together to consider how Wales can best respond to the threat posed by flooding. The Welsh Government says it will invest over £150m in flood and coastal erosion risk management during the life of this Assembly.
- Swansea Vale which would receive £6.7 million to protect 290 businesses and homes
- Ystradgynlais which would receive £2.5 million to protect 244 homes and businesses
- Fairbourne which would receive £5.8 million to protect 420 homes and businesses
- Pontarddulais which would receive £3 million to protect 246 homes and businesses
- Coldbrook which would receive £1 million to protect 104 properties
- Corwen would receive £2.1 million to protect around 100 homes
It is so important that we effectively target our funding for flood defence. That is why my national strategy includes a commitment to developing a national funding policy as well as a method for prioritising investment. A group has been set up to progress this work and once completed the National Programme of Investment will enable areas of Wales to be ranked according to risk from all sources of flooding and coastal erosion.