Cardiff Capital Region City Deal – Regional Working, Local Impact

The Cardiff Capital Region City Deal is one of the most significant economic programmes seen in South-East Wales for many years.

It will see £1.2 billion invested in the region over the next 20 years, aiming to deliver as many as 25,000 new jobs, and leveraging a further £4 billion of private sector investment.

The City Deal will help boost economic growth by improving transport links, increasing skills, helping people into work, and giving businesses the support they need to grow.

It will also establish strong governance across the region through a Cardiff Capital Region Cabinet comprising the leaders of the ten local authorities in the region.

The leaders formally signed the CCR City Deal in a special ceremony at Cardiff Airsport on St David’s Day, 2017.

Those ten local authorities are: Cardiff, The Vale of Glamorgan, Rhondda Cynon Taff, Merthyr Tydfil, Caerphilly, Monmouthshire, Bridgend, Blaenau Gwent, Torfaen and Newport.

Key CCR City Deal programmes are:

  • The delivery of the South East Wales Metro.
  • The creation of a non-statutory Regional Transport Authority to co-ordinate transport planning and investment.
  • The development of capabilities in Compound Semiconductor Applications, creating a South-East Wales sector cluster.
  • The Cardiff Capital Region Skills and Employment Board to ensure skills and employment provision are responsive to the needs of local businesses and communities.
  • A Regional Economic Growth Partnership Organisation and a Cardiff Capital Region Business Organisation to ensure that there is a voice for business to work with local authority leaders.
  • The Welsh Government and the Cardiff Capital Region have committed to a new partnership approach to housing development and regeneration. This will ensure the delivery of sustainable communities, through the use and re-use of property and sites.
  • Both the UK and Welsh Government are contributing £500 million to the CCR Investment Fund respectively. The ten local authorities in the CCR will contribute a minimum of £120 million over the duration of the Fund.

You can download a copy of the Cardiff Capital Regional City Deal document here and if you’d like further information about what is discussed at the Regional Cabinet, copies of the papers for their meetings can be found on the websites of all the local authorities within the CCR or accessed here.