2. Business Statement and Announcement

Part of the debate – in the Senedd at 2:18 pm on 28 November 2017.

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Photo of Julie James Julie James Labour 2:18, 28 November 2017

Thank you for those two questions. The Member will be already aware that there’s a lot of work under way on the Swansea bay region city deal to develop the proposed projects into full business cases and to finalise the governance arrangements. That’s with the expectation that funding for the city deal will begin in 2018-19. We know that good progress is being made. The next milestone will be the establishment of a joint cabinet and the formal submission of the detailed business cases.

Swansea bay city region is also working with the Welsh and UK Governments to develop an agreed implementation, monitoring and evaluation plan that sets out the proposed approach to evaluating the impact of delivery. This is a £1.3 billion deal underpinned by £125.4 million of Welsh Government funding, £115.6 million of UK Government funding, £396 million of other public sector money, and £637 million from the private sector. I know that he shares my ambition for the Swansea city region, and we look forward to making it a reality as soon as possible.