Swansea Bay City Region submits ‘internet coast’ bid

The Swansea Bay City Region has submitted an ‘Internet Coast’ City Deal bid, in excess of £500m over 20 years, to the UK and Welsh Governments.

The aim is to address the integrated universal themes and challenges of energy, health and well-being and economic acceleration by harnessing the transformational power of digital networks and the asset base of Swansea Bay.

It is estimated that the City Deal investment could lever in total around £3.3bn of output and £1.3bn of gross value added for Wales, while supporting around 39,000 jobs in the region.