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Dave Gilbert Deputy Chief Executive Carmarthenshire County Council

Dave Gilbert Deputy Chief Executive Carmarthenshire County Council. Regeneration. Welsh Government definition :

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Dave Gilbert Deputy Chief Executive Carmarthenshire County Council

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  1. Dave Gilbert Deputy Chief Executive Carmarthenshire County Council

  2. Regeneration • Welsh Government definition : • “an integrated set of activities that seek to reverse economic, social, environmental and physical decline to achieve lasting improvement, in areas where market forces will not do this alone without some support from Government”

  3. Regional Challenges

  4. SWW Regional Economic Development Strategy • By 2030 SWW will be a confident, ambitious & connected City Region, recognised internationally for its emerging knowledge and innovation economy • Objectives: • Change the sectoral mix of the SWW economy with a clear shift towards higher level sectors • Change the occupational mix of the SWW economy through a shift towards higher level occupations • Reduce the GVA per employee deficit to 90% of the UK by 2030

  5. SWW Regional Economic Strategy • 5 Strategic Aims • Business Growth, Retention and Specialisation • Skilled & ambitious for long term success • Maximising job creation for all • Knowledge Economy & innovation • Distinctive places Competitive Infrastructures

  6. Swansea Bay City Region • City Region Task & Finish Group reported to WG July 2012 • Global trends indicate that urban growth, and cities are the engine of economic growth • Wales does not have large cities (500,000+) but has 2 regions with populations greater than this (SE Wales 1.4 million, SWW 700,000) • Recommended setting up 2 City regions , South East Wales (Cardiff) and Swansea Bay • Task and Finish Groups established November 2012 • Use Economic Strategy as evidence base for projects • Governance, Private Sector, HE/FE, participation critical • Project Development, quick wins, Next round EU funding

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