Gwynedd Council has been given £478,990 from the Welsh Assembly Government’s Mn a Menai programme to improve the power supply to the old Glyn Rhonwy quarry in Llanberis.
The scheme, which will only affect the industrial section of the site, will see a better power supply being fed to the quarry in a bid to make it look more attractive to investors.
Work is set to start on installing the new power supply in the next few months and it is believed that the total cost of the project will be close to £1 million.
Meanwhile, work has also started on creating a network of paths along the opposite side of the quarry in a bid to promote tourism.
The site development project, which was given £209,610 worth of funding through the Mn a Menai scheme, began in January and is set to continue for another few weeks.
Llanberis councillor Trevor Edwards, welcomed the work and hoped the project would provide a much needed boost to the tourism and business sector in Dyffryn Peris.
Cllr Edwards added: “It’s a very exciting project. The problem is that there is only enough power running into the quarry to accommodate the Siemens factory.
“The scheme will see a new power line being laid down so it wouldn’t be an issue if businesses wanted to invest in the industrial side of the site so hopefully this will eventually pave the way for more jobs in the area.
“Things are also progressing well on the other side of the quarry.
“There has been some general clearing going ahead on the site and I’m sure it will be a fantastic spot once the footpaths are built.”
Both developments in Glyn Rhonwy come as part of the Llanberis regeneration plan.
Last year, the Herald reported how the Llanberis Development Group had been given £150,000 through the Mn Menai strategy to carry out environmental improvements in the area.
The work began in the new year with the cash being splashed on several spots in the town that were in need of a spring clean.
As part of the project, a section of footpath along the picturesque Padarn lake has been resurfaced with plans also afoot to extend the boardwalk.
Llanberis High Street has also undergone major resurfacing work while new equipment is to be installed at the village’s Ddol Elidir playing field by the time the project finishes in a few weeks time.
Councillor Edwards added: “Both schemes are totally separate entities but I’m sure that once they have been completed they will both be a massive benefit to the area.”