The �3m rescue package was refused on Wednesday

Leader of Carmarthenshire Council Meryl Gravell said although it was a sad day for the �43m attraction at Llanarthne talks were continuing to find companies to take it over.

On Wednesday the Welsh Assembly Government finally turned down a plea by the garden's trustees for a �3m rescue package and the attraction is now expected to close for good.

"It's a very sad day for the garden, Carmarthenshire and Wales," said Ms Gravell.

"We were all hoping that the botanic garden would be a huge success. Unfortunately that has not happened.

I think a fresh pair of eyes will be able to go in there and offer more attractions while still offering a wonderful botanic gardens Meryl Gravell

"I am very optimistic that there will be a future for the garden.

"The assembly and ourselves have been working very closely with the tourist board and the Welsh Development Agency to see if there was private sector interest in taking the garden forward.

Creditors

She said they had had many responses from interested parties.

"So while we are sad in one way it might have to close for a little while, I honestly think there is a very good sustainable future for the gardens to bring more tourism into the area.

"I think we need to make it more attractive to bring families in and repeat visitors.

"I think a fresh pair of eyes will be able to go in there and offer more attractions while still offering a wonderful botanic gardens."

CARMARTHEN REACTION Carmarthen residents give their views on the Botanic Garden In pictures

She said the authority was concerned about local companies who are creditors of the gardens and could be left out-of-pocket if administrators are appointed.

"We understand that a number of local suppliers may be affected and, as far as we can, we will take whatever action possible to try and safeguard their interests," she said.