The Swansea Bay City Deal is an investment of up to £1.3
billion in a portfolio of nine major programmes and projects across the Swansea
Bay City Region – which covers Carmarthenshire, Neath Port Talbot,
Pembrokeshire, and Swansea.
The City Deal is being funded, subject to the approval of
project business cases, by the UK Government, the Welsh Government, the public
sector and the private sector.
In coming years, the City Deal will boost the regional
economy by at least £1.8 billion and generate over 9,000 jobs.
City Deal programmes and projects – three of
which are pan region - are based on key themes of Economic Acceleration, Life
Science and Well-being, Energy, and Smart Manufacturing.
The Swansea Bay City Deal is being led by the four regional
local authorities - Carmarthenshire Council, Swansea Council, Neath Port Talbot
Council and Pembrokeshire Council - together with the Swansea Bay University
Health Board, Hywel Dda University Health Board, Swansea University, the
University of Wales Trinity Saint David, and private sector partners.
The
total investment package is made up of £241 million UK Government and Welsh
Government funding, £330 million other public sector investment, and £581
million from the private sector.
Swansea Bay City Deal homepage:
Swansea Bay City Deal Home
Swansea Bay City Deal news section:
Swansea Bay City Deal News
Swansea Bay City Deal Twitter account:
Swansea City Bay Twitter
Swansea Bay City Deal Facebook account:
Swansea City Bay Deal Facebook