Business scheme plans for Ebbw Vale and Tredegar industrial estates Source: SouthWalesArgus
A feasibility study for a BID covering the Rassau Industrial Estate in Ebbw Vale and Tafarnaubach Industrial Estate in Tredegar could be launched by the local authority.
Blaenau Gwent council have put a consultancy contract out to tender, with the successful candidate expected to develop a plan over seven months from September.
A spokeswoman said the project is subject to Welsh Government funding, with an application having been submitted and a response expected in the coming weeks.
“We have spoken initially to a number of businesses and have received some positive feedback,” the spokeswoman continued.
“The feasibility study, if approved, will entail full engagement and consultation with the business community and the results will be used to recommend to the council if developing a BID is the way forward.”
Companies within a BID pay an additional levy on their business rates – typically between one and four per cent.