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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It will be a sunny day for most, although rather windy. Cloud will increase from the east through the afternoon.
A warm and pleasant evening for many. Clear and cool overnight.
Continuing to be a fine and dry day across the country with lengthy sunny spells.