Part of the debate – in the Senedd at 5:30 pm on 28 November 2018.
That collaborative approach to regional working is already achieving results, and an example of this is, of course, the Parc Felindre business park. It's a high-quality strategic employment site for the Swansea bay city region, exactly as Suzy Davies identified it. It provides fully infrastructured land for developers and for occupiers alike. In the absence of sufficient private sector investment in new sites, Parc Felindre has been jointly developed by the Welsh Government and Swansea council to attract high-quality employment opportunities to the area. It's actively being marketed, and our joint venture partners, Swansea council, are now in advanced negotiations to bring a significant first development to the site. A planning application has been submitted for 800 dwellings that will include affordable housing and all of the associated community facilities that you should expect.
The Welsh Government is also working closely with Swansea city council to enable regeneration of the city centre and its surroundings into a distinctive, vibrant, high-tech and green twenty-first century digital and leisure destination—highly attractive to innovation, to business, to tourists, to students and to inward investors as well.
As has been made clear in this debate today, integrated transport—Mike mentioned it at the outset of his speech; Suzy also mentioned it—integrated transport links are vital to achieving that economic growth vision. That's why we allocated £115,000 to Swansea city council last year to lead on the development of the vision of a south-west Wales metro. We provided a further £700,000 for a more detailed business case this financial year via the local transport fund. Swansea council are themselves co-ordinating work in partnership with the other city region local authorities in south-west Wales, and it's vitally important that the work is based on sound evidence to ensure that the solution delivers on the future transport needs of the region.
The metro concept is a multimodal approach focusing on public transport. It includes, of course, buses and trains that operate so that one meets the other at regular points and on time, and, of course, it includes active travel. While the funding of rail infrastructure is still a reserved matter, the work will review opportunities to extend the rail network to meet the future need.
I recently met with the Secretary of State for Wales and also with the leader of the council to discuss the proposal for a new station at Felindre. Following that meeting, I asked officials to commission a high-level analysis of the economic impacts of building a new rail station in the vicinity, which also included the impact to Swansea city centre. I think it's an important point to make, in taking forward an evidenced plan for a Swansea parkway station, that we should not undermine or destabilise the important longer term plan that the council and the Welsh Government are collaborating on to breathe new life into the city centre itself. I've discussed this issue, as I say, with the Secretary of State for Wales, and the leader of Swansea council, Rob Stewart, and I've asked my officials and Transport for Wales to ensure that these concerns about city centre growth are reflected in the commissioned study. So, a proposal that becomes part of a wider metro development for the region is, at this stage, something that I would prefer to see.
I think it's important, obviously, that we follow Welsh Government Welsh transport appraisal guidance processes to determine what are the best solutions for the region. And, in following the Welsh Government's WelTAG process, we'll be taking forward proposals based on sound evidence and proposals that will also fulfil our obligations under the Well-being of Future Generations (Wales) Act 2015.
These examples all share one theme—transport, economic development in the region—and that theme is collaboration with our partners and with our stakeholders. It's my view that we are working in tandem now to deliver together towards a shared vision based on sound evidence, to grow our economy and to provide a better Wales for our future generations.
Our new regionally focused model of economic development has been designed to enable successful regional economies that exploit their distinctive strengths and opportunities. And I think every good example of regional economic development has a mechanism that facilitates joined-up thinking and also joined-up delivery. And it's not just about prioritising structures over outcomes, but recognising the interdependencies between the two and ensuring that we have the right structures and mechanisms in place to deliver the outcomes that we want to see.
Acting Presiding Officer, we have also reflected upon what stakeholders have told us about our current ways of working, how they'd like to see us operate in the future in a way that better engages them in the work that we do, and that's why the creation of the three regional units and the chief regional officers is so important. I think we'd be selling ourselves short if we treated the production of regional plans as merely a drafting exercise. They must add value and not complexity, and this is something that has been raised with me, and I've given assurance about to various local authorities across Wales, including those in the Swansea bay city region. And it means considering dependencies with wider strategic investments. Investments such as, yes, growth deals, the south-west Wales metro, public transport hubs, and the regeneration of our high streets, not just in the Swansea city region, but in Wales as a whole. But I am confident that, with the city deal initiatives, with UK Government and Welsh Government working together on transport interventions that make a difference to the economy and the people of the Swansea bay area, we will be able to further fuel economic growth in that particular region.