Montgomery Canal Economic Development Study
In January 2010 British Waterways, on behalf of the Montgomery Canal Partnership, contracted Resources for Change Ltd. to produce an Economic Development Plan for the Montgomery Canal; primarily to establish the case for the continuing restoration of the Canal as a significant contributor to the economic development of the local area.
The study methodology used a ‘model of change’ approach for the canal stakeholders, and used this to guide an assessment of the current and potential future economic benefits of the canal opening. This technique has been developed to understand the impact of change and is now an important component in Social Return on Investment (SROI) amongst other methodologies.
The study report also sets out a proposed portfolio project focusing on the village of Llanymynech near Oswestry as a destination with lots of potential. The area currently demonstrates a wealth of interest including aspects of the industrial revolution; border history and heritage; a range of ecosystems illustrating key geological and landscape changes; and historic routes of river, track, rail and Canal which could all be harnessed to create a valuable visitor portfolio.
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