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Cardiff Capital Region surging forward Wales


The Cardiff Capital Region City Deal (CCRCD) is growing, maturing and beginning to scale outcomes - both in terms of its impact as an investment instrument and more importantly, in building a resilient future for the region.


The CCRCD is distinctive in that unlike growth or devolution deals – there are no prescribed projects.


Instead, the last few years have been characterised by laying essential foundations in terms of a credible evidence base; developing an industry-led growth plan; establishing an ‘evergreen’ investment framework and mobilising the wider resources, assets and local and global partners, to create the conditions for sustainable delivery and success.


Our targets remain front and centre: GVA growth, high skills jobs, private leverage and economic inclusion and we are now genuinely open for business and positioned to ramp up delivery right across the Cardiff Capital Region (CCR).


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Some of our sectoral and infrastructure highlights to date include: Compound Semi- Conductor (CSC) Foundry Investment into our new CSC foundry in Newport is going well.


The facility is now in production with qualifications for new customers underway and the UK Government backed Catapult Centre has moved in and is open for business.


Advanced electronics will be one of the most important features of global economies going forward in the region and we are pleased to see our regional cluster developing apace.


Cardiff Metro Central Interchange


The c£200m Cardiff Metro Central Interchange project is underway linked to the comprehensive redevelopment of Central Square and the Southside Quay area of the City.


COMMERCIAL PROPERTY MONTHLY 2020


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