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Cardiff Capital Region City Deal

Cardiff Capital Region City Deal

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Who is involved in the Cardiff Capital Region City Deal?

Ten local authorities are working together to deliver the Cardiff Capital Region City Deal: Bridgend, Vale of Glamorgan, Rhondda Cynon Taff, Merthyr Tydfil, Caerphilly, Monmouthshire, Blaenau Gwent, Torfaen, Newport and Cardiff.

What is the Cardiff Capital Region?

The Cardiff Capital Region is made up of an area of South East Wales, consisting of the ten local authorities. These local authorities have joined forces in order to tackle issues that affect the whole of the region, such as worklessness and poor transportation links.

What does the City Deal hope to achieve?

While the overarching goal of the City Deal is to generally improve economic conditions in the area, the specific aims of the CCR can be summarised to: improve productivity; tackle worklessness; build on foundations of innovation; invest in physical and digital infrastructure; provide support for business; and ensure that any economic benefits are felt across the region. A core project of the City Deal is the delivery of an integrated South Wales Metro.

How much will it cost?

The UK Government and Welsh Government have committed £1.1bn to the City Deal – which is supported by an additional £120m committed from the 10 local authority partners.

Who is driving the City Deal?

Cllr Andrew Morgan, as Chair, is overseeing the Joint Shadow Cabinet comprising the ten local authority leaders, with support from a Progamme Office. There are then specific portfolios which all Leaders and local authority chief executives and officers are developing as part of the City Deal programme:

These are:

  • Finance and governance, to include the management of an investment fund.
  • Regeneration, housing and planning – to identify potential areas for investment and development.
  • Work, skills and economy, which is looking into a potential work and health programme, ways to regenerate the community, and skills and training to increase employment
  • Innovation and business partnership
  • Transport

How will the City Deal Be Delivered

The Joint Shadow Cabinet is committed to the establishment of four regional bodies to ensure the delivery of all aspects of the City Deal programme.

These are:

  • A Regional Transport Authority
  • A Regional Economic Growth Partnership – responsible for economic vision of CCR, and advising Joint Shadow Cabinet in selecting on CCR City Deal projects
  • A Regional Business Organisation – responsible for business support programmes, and conduit for private sector business to engage and help shape investments from CCR City Deal funding
  • A Skills and Employment Board

What is the economic vision for the region?

The recommendations for the future economic strategy for the Cardiff Capital Region will be shaped from the findings of the independent Growth and Competiveness Commission chaired by international city-region expert Professor Greg Clark. Prof Clark and his team of commissioners have been gathering evidence from community leaders, business and other stakeholders before presenting a report to the Shadow Cabinet on how best the City Deal can be utilised to ensure economic growth across the Cardiff Capital Region. This report is due to be launched in November 2016.

What type of projects are likely to be considered?

The Cardiff Capital Region will be seeking investment in areas that will support an increase in economic output and a reduction in worklessness, with a focus on:
Connectivity;

Digital;

Innovation;

Skills and Worklessness.

Business Support and Regeneration
In addition, to support the delivery of these activities, the Cardiff Capital Region City Deal Shadow Cabinet is also seeking new powers and fiscal flexibilities. This will include looking at how some services relating to planning and economic development can be delivered on a regional bases, as well as how fiscal flexibilities can be used to support investment in infrastructure.

How Will The Projects Be Selected?

The proposed projects will be prioritised according to their impact in terms of Gross Value Added (GVA), the measure of the value of the goods and services produced in an area, sector or industry, and jobs.

Are there other City Regions in the UK and have they been successful?

Yes. Glasgow and Manchester are both good examples. Glasgow is made up of seven local authorities, has a population of 1.7m and a GVA of £36bn. This project aims to invest £1.13bn by 2025 into transport, regeneration and housing projects.

For more information contact Sian Workman, Programme Manager, on 01656 815945, or sian.workman2@bridgend.gov.uk

www.cardiffcapitalregioncitydeal.wales/ www.cytundebdinesigprifddinasranbarthcaerdydd.cymru

Meetings / Agendas / Minutes

Regional Cabinet

Transport Authority

Reports for Consideration