Private Investor needed for New Mountain Bike Park in South Wales
A new project in South Wales to improve mountain bike facilities and attract more visitors to the area is inviting investment from the private sector. A major part of the project is to create a commercial bike park at Gethin Woods, Merthyr Tydfil. Hyder Consulting have recently been awarded a contract to lead on the procurement to find a suitable business to have the sole rights to develop the park.
The partnership project is part-funded by the EU’s Convergence European Regional Development Fund through the Welsh Assembly Government with match funding coming from the Welsh Assembly Government and partner organisations.
With the high level of investment in mountain biking in south Wales and substantial grant aid to support a new business Hyder feel that there will be great interest in the development at Gethin.
In brief, the commercial bike park will include a centre from which the commercial venture can operate, a range of downhill tracks and an uplift service. Additionally, there is an opportunity to develop a cross country trail, jump park and other facilities.
The business opportunity will be advertised on Sell2Wales and Forestry Commission Wales website in the coming weeks.
“This is an exciting opportunity for a private investor to get involved in a very dynamic project. We are expecting interest not only from the mountain biking fraternity but also other leisure providers” stated Jeff Lynn, Hyder Consulting.
The overall project is being led by Neath Port Talbot CBC in partnership with Caerphilly CBC, Merthyr CBC and Forestry Commission Wales and will see £5 million investment into South Wales. Improvements in facilities, new trails and skills areas will take place in Afan Forest Park and Cwmcarn.
Land Development and Buildings
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