"That would be a tremendous final if we both made it through," said Neath skipper Paul Jones (prop).
"There's been plenty of passion between the two clubs already this season but a third meeting in Cardiff would settle it. But first we must win our semi-final to think about a possible game against the Wizards.
"Over the years we have enjoyed some memorable days out in Cardiff and hopefully we could give the fans another and comeback with some silverware.
"Hopefully by then we would be going for the league and cup double. We have to hope Newport slip up in the league but right now the chance is still there and we won't take our foot off the pedal."
Neath coach Rowland Phillips said (before the draw):
"The cup this season has shown that people's passion and interest is as high as ever. It is a competition that Neath have been successful in over the years.
"It is also now the only competition where we have control over our own destiny, as in the league we need others to do favours for us in beating Newport."
Caerphilly coach Roger Bidgood, the former Wales centre, stated: "I did not won a semi-final as a player, so I hope we can go on to secure a final place."
Semi-final draw: Neath v Brynmawr/Bridgend; Cross Keys/Aberavon v Caerphilly To be played April 17th & 18th at the Millennium Stadium, Cardiff.
Porthcawl recently received a WRU facilities grant and funding from Natwest RugbyForce in order to give their changing rooms a facelift. This came after receiving £10,000 in a WRU facilities grant last year to tarmac their car park. The improvements have already helped to make the club more accessible, not only for their own members and players but for the whole community.
The Welsh Rugby Union has launched a new, accredited Safeguarding and Protecting Children course - funded by the WRU and delivered in partnership with Sport Wales and the NSPCC - fo rugby club volunteers around Wales.
The SWALEC semi-final draws threw up some mouth-watering clashes in the Cup, Plate and Bowl as the 12 teams aim for the Millennium Stadium Finals Day. All the semi-finals are to be played on the weekend of April 12.
Welsh whistler Rhys Thomas continues to scale the heights of the game as he prepares to be an official in this weekend's Hong Kong Sevens tournament, undoubtedly the showpiece event on the World Series calendar.
Wales International Ian Evans and Wales and Lions legend Scott Quinnell swapped rugby balls for paint pots at Tonna during the RBS 6 Nations. They surprised club players with a special clubhouse makeover to launch NatWest RugbyForce 2014 - a programme developed in partnership with the WRU to make rugby clubs stronger businesses by improving and renovating their facilities with the support of volunteers and the local community.
Fresh from claiming the Bowl honours in Tokyo last Sunday, the Wales Sevens squad have settled into their routine as they prepare for this weekend's Hong Kong tournament where Iolo Evans is aiming high, as WRU TV's Graeme Gillespie discovers.
The Welsh Rugby Union has recently teamed up with Prostate Cymru to help the charity launch its latest campaign to raise awareness of the disease. Members of the Wales squad helped produce a short video and promotional material for the campaign titled 'The Best Defence - is to know the FACTS'.