1 / 14

The vision for the region …

The vision for the region …. By 2030, South West Wales will be a confident, ambitious and connected European City Region, recognised internationally for its emerging knowledge and innovation economy. (Swansea Bay City Region Economic Regeneration Strategy 2013 – 2030).

yaakov
Download Presentation

The vision for the region …

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The vision for the region … By 2030, South West Wales will be a confident, ambitious and connected European City Region, recognised internationally for its emerging knowledge and innovation economy. (Swansea Bay City Region Economic Regeneration Strategy 2013 – 2030)

  2. … and our key high level target By 2030 productivity levels in the Swansea Bay City Region are once again at 90% of the UK level

  3. The challenges • GVA growth –70% of UK average in 2010 • Too few businesses and not growing base quick enough • Major skills deficits • High levels of unemployment and inactivity levels • Infrastructure not meeting needs of modern business • High levels of deprivation and poverty in our communities

  4. The opportunities Globally significant businesses and strengths in key sectors Important knowledge and innovation economy assets A stunning natural environment

  5. Swansea Bay City Region Economic Regeneration Strategy 2013-2030 Strategic Aims • Business growth, retention and specialisation • Skilled and ambitious for long term success • Maximising job creation for all • Knowledge economy and innovation • Distinctive places and competitive infrastructure

  6. Strategic Aim 1 – Business growth, retention and specialisation • LIF2 • Inward investment • Pareto employers

  7. Strategic Aim 2 – Skilled and ambitious for long term success • Building skills in education • Transition into work • Raising demand and improving skills

  8. Strategic Aim 3 – Maximising job creation for all • Improving entrepreneurial activity • Access to work • Coordinated inter-agency working • Volunteering for work experience

  9. Strategic Aim 4 – Knowledge economy and innovation • Innovation Factory • ICT Precinct • Swansea Bay City Region Economic Development Centre • Institute of Life Science 2020 • Institute of Media Science • Innovation Skills Centre for Welsh Manufacturing, Processing and Materials • University of Wales Trinity St. David (UW-TSD) Regional Dual Sector Infrastructure

  10. Strategic Aim 5 – Distinctive places and competitive infrastructure • Strategic employment sites: • Felindre Business Park • Port Talbot Harbourside and Waterfront • Cross Hands Growth Zone • Fabian Way Development Zone • Pembroke Haven Enterprise Zone

  11. Strategic Aim 5 – Distinctive places and competitive infrastructure • Swansea City Centre/town centre regeneration • Improvements to strategic transport corridors • High speed broadband • Regional Infrastructure Investment Fund

  12. Cross cutting activity - Tourism • Product development • Skills/people development • Promotion/marketing • Sector research

  13. Next steps • Mid/end January – prioritise projects for funding • February – meet with WEFO and other funding bodies • March/April – develop full business plans for funding

More Related