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05/04/2019

Key Swansea Bay City Deal initiatives signed off

Words: Roger Milne
Swansea

Two major initiatives from the Swansea Bay City Deal are closer to climbing off the drawing board now that business cases for both have been submitted for sign-off by the UK and Welsh governments.

The schemes are the £168 million Swansea City and Waterfront Digital District project and the £24 million Yr Egin scheme in Carmarthenshire.

The former includes a ‘digital village’ for tech businesses on The Kingsway, and a ‘box village’ for start-up companies at the new University of Wales Trinity Saint David campus in SA1. Carmarthen's Yr Egin development is a digital and creative cluster concept.

Immediate approval for both projects was among the recommendations of an independent review of the management and governance of the growth deal. This was commissioned by both governments in the wake of the controversy surrounding the £200 million Llanelli Wellness and Life Science Village scheme after Carmarthenshire Council cut its ties with a private sector partner and Swansea University.

Separate reviews into that project found that the council had acted appropriately, and that public money had been protected.

Image credit | Shutterstock

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