Mid-Wales has received a £55m funding boost to its Growth Deal.
Prime Minister Boris Johnson and Secretary of State for Wales Alun Cairns have revealed that every part of Wales will now be covered by the City and Growth Deal programme.
North Wales has already secured £120m from the UK Government towards its Growth Deal - a figure matched by the Welsh Government.
There is also £500m committed to the Cardiff Capital Region City Deal and £115m for the Swansea Bay City Region Deal.
The Mid Wales Growth Deal will see the £55m of UK Government funding being used to leverage further private investment for the delivery of local projects to increase opportunity and prosperity in communities like Newtown and Aberystwyth and across Ceredigion and Powys.
Secretary of State for Wales, Alun Cairns, said: “Wales is a nation spread over a large geographic area – no more so than in Mid Wales.
“These communities have not benefitted from Cardiff Bay focused funding for decades.
“Today I am putting that right by committing £55m for people in Powys and Ceredigion.
“I am delighted to have been able to work closely with the Prime Minister and Minister for the Union Boris Johnson to ensure that we have completed packages worth up to £790m of new funding to drive major improvements in every corner of our great country.
“This is the next stage of my long-term commitment of building a stronger and better-connected Wales.”
