Agenda item

Swansea Bay City Deal Portfolio Quarterly Monitoring.

Decision:

Noted

Minutes:

Phil Ryder (Swansea Bay City Deal Programme Office) provided a report which informed the Swansea Bay City Region Joint Committee of the Swansea Bay City Deal Quarterly Monitoring & Monthly Highlight Report for both the Swansea Bay City Deal Portfolio and its constituent programmes / projects.

 

He outlined and updated the Joint Committee on the progress relating to the following:

 

·  Business Engagement;

· Yr Egin;

· Pembroke Dock Marine;

· Swansea City & Waterfront Digital District (Arena to be handed over shortly);

· Pentre Awel;

· Homes as Power Stations;

· Digital Infrastructure;

· Supporting Innovation & Low Carbon Growth;

· Skills & Talent.

· SBCD Campuses.

 

It was noted that three red risks remain identified relating to construction costs, Tan15 potential changes and potential slippage in delivery of schemes and eight new lower ranked risks had been identified.

 

The benefits realisation of around 160m was outlined and detailed, in addition to the 600+ jobs created and the £60m contribution to the GVA.

 

Resolved that the Quarterly Monitoring Report for the SBCD Portfolio and its constituent programmes / projects be noted.

Supporting documents: