Page 74 - Regional Employment & Skills Plan

72
4.1 Swansea Bay City Region
4.1.1 Swansea Bay City Deal
On Monday 20th March 2017 UK and WG signed the Swansea Bay City Deal which secured investment worth £1.3 billion over 15 years for eleven transformational projects. The total benefits for the region will equate to £1.8 billion and generate almost 10,000 new jobs58.
Eleven projects form the agreed deal, which are;
Well-being and Life Science Village in Llanelli
A Life Science and Well-being village will be constructed and operational with a village containing a primary/community care facility, and institute of life science (ILS) and an education and skills development capability.
Egin: Creative and Digital Cluster for Wales (Phase 2)
The Egin creative and digital cluster will build upon the Yr Egin phase 1 which will create a creative industry hub within Carmarthen joined by S4C as a key anchor tenant and a number of SME tenants.
Swansea City and Waterfront Digital District
The Swansea City and Waterfront Digital District project aims to create a vibrant and sustainable city centre that facilitates the growth of higher value activities (particularly tech businesses) and acts as a key driver to the regional economy.
Pembroke Dock Marine
Pembroke Dock Marine brings together four key elements to concentrate, innovate, collaborate and generate a world class marine energy base in Wales making marine derived energy both cost effective and reliable.
Centre of Excellence for Next Generation Digital Services (CENGS)
The Centre for Excellence for Next Generation Digital Services (CENGS) will bridge the gap between research and innovation and the ability to launch, develop and grow commercial opportunities.
Delivering Homes as Power Stations
The programme will target both new building projects and the retrofit of existing housing to reduce energy costs and provide affordable warmth for householders.
Steel Science
A new Steel Science Centre will enable the steel sector to evolve into a leading edge zero carbon steelmaker with carbon positive products utilising locally generated waste products as a chemical and raw materials feedstock.
Life Science and Well-being Campuses
To support the development of the life science and well-being sector within the city region building upon the successful Institute of Life Science initiative. The project will create expanded infrastructure with wider capabilities allowing more and larger opportunities to be captured, ranging from major inward investment opportunities to HE/NHS commercialisation activities.
Swansea Bay City Region Digital Infrastructure
The proposed digital infrastructure will integrate the themes into a seamless innovation ecosystem, using the region’s assets and diversity to support indigenous and inward investing opportunities.
58 http://www.swanseabaycityregion.com/en/cd.htm
Regional Employment & Skills Plan South West & Mid Wales Aspirational Projects and Key Developments