Sir Keir Starmer said the funding covers a list of Welsh railway projects, including seven new stations.
The UK Government has been criticised for overlooking rural Wales as it announced a £14 billion investment in railways in south Wales.
UK and Welsh governments unveil list to benefit from station investment in the country ...
The Prime Minister has also given his backing to a wish list of projects as he says Wales has been 'let down for too long' ...
Backers of the scheme are expecting an announcement of UK Government funding ...
Work is set to start this year while Magor and Undy is set to be the first completed ...
Engineering giant Rolls-Royce has appraised the scheme's business park element as ticking all the right boxes for a major hub with the potential to create thousands of high-skilled jobs ...