The Metro Consortium, which includes Admiral insurance, British Gas and Cardiff Business School, says the transport system is an opportunity to rethink the role of towns and communities across the Valleys.
The report's author, Mark Barry, said the metro would simply connect connect the region, and "give the region the opportunity to be more economically effective."
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In this today's Newsweek Wales, Carl talks about cancer survival rates in Wales and the search for volunteers to train guide dog puppies.
It'll be brighter today with some lingering blustery showers. This evening it'll be colder under clear skies, with isolated showers.
Gareth Bale put any domestic troubles behind him as he starred in Wales' emphatic 3-0 win over Israel in Haifa.