Newport City Council is to submit a bid for £10 million from the Heritage Lottery Fund to carry out work on the iconic Transporter Bridge.
The Bridge, which can be seen from many points across the city with its huge metal structure and gondola used to carry vehicles across the River Usk, is now closed for the winter season.
The Heritage Lottery Bid would be used to carry out repairs, restoration of the gondola, improvements to the site and building a new visitor centre
The bridge is one of five remaining operational transporter bridges worldwide and is the most complete original structure of all the remaining Transporter Bridges.
The council bid for funding would be up against projects from across the UK and there is no guarantee a bid will be successful.