A major tourism project in Swansea, which is expected to create up to 100 full-time jobs, is set to receive a £4m investment from the Welsh Government. The Skyline tourism attraction, a zip wire and cable car attraction at the city’s Kilvey Hill, will be given the investment as a £3m grant plus £1m in repayable finance.
The Welsh Government said the funding announced for the project is dependent on the scheme being granted planning approval and works starting on site. It would then be allocated in phases throughout the project’s construction and delivery.
New Zealand-based company Skyline Enterprises is behind the £34m venture - one of the biggest single investments in the Welsh tourism and hospitality sector in recent years. Swansea Council is also in advanced discussions about a funding proposal with Skyline, which the company is currently considering.