Theresa May visited Wales to sign off on the £1.3bn Swansea Bay City Deal, meeting with the First Minister to discuss the finer details of the large-scale project. Insisting that Wales is at the forefront of science and innovation, May visited Swansea’s Liberty Stadium for the signing off ceremony.
Immersing herself in the world of Welsh business, the Prime Minister also met with representatives from a range of sectors, discussing ways in which post-Brexit Wales can flourish.
With the deal to create close to 10,000 job opportunities and trigger almost £1.3bn investment in the region, the need for everyone to be on the same page is vital. May does however bring with her a positive attitude, displaying a want to invest in Wales.
“Wales’ universities already have an excellent international reputation” said the Prime Minister.
“They attract overseas students and pioneer in research projects here and abroad. I also want Wales to be at the forefront of science and innovation, as demonstrated by today’s landmark city deal for Swansea.
“The deal is a great example of what can be achieved when the UK Government , the Welsh Government and local authorities work together to secure a deal that benefits the city and the whole of Wales.”
Excited to welcome May to the Liberty Stadium Rob Stewart, leader of the Swansea Bay City Region and Swansea council, said:
“This is among the biggest investments Wales has ever seen, so it’s a historic day for the Swansea Bay City Region.”
For many, today is very much a turning point; a milestone which will recognise all of the hard work councils and planners have put into this project.
Speaking ahead of the signing, First Minister Carwyn Jones said:
“We have pushed long and hard for this city deal to be signed and have given it our strongest possible backing with £125m of Welsh Government investment.
“This is a package which will deliver jobs and economic growth for all of south west Wales, with clear benefits for all the areas involved.
“Today’s announcement is a transformative deal that will drive the regional economy in a new direction, supported by high-quality jobs and a digital infrastructure.”