City Region Exchange
The Welsh Government has established two new city-regions in Wales, one of which covers Cardiff and south-east Wales. This is now known as the Cardiff Capital Region.
The city-region is the name for the functional economic region around the city – the local economy of the city and its hinterland effectively.
The Cardiff Capital Region is intended to encourage the ten local authorities and other key actors in its boundaries to work together and collaborate on projects and plans for the area. The main thinking is that this will enhance the potential for economic development success and job creation opportunities across the area. This follows the experience of other city-regions across the UK and beyond which have built upon the opportunities and potential provided by having strong metropolitan networks and plans.
The city-region engagement project, called City Region Exchange, is intended to both study and participate in this ongoing development. The project will engage with the communities that are a critical part of the local economy and also with those who are helping to shape the city-region development. These include communities of policy makers such as the various local governments and the new Cardiff Capital Region Board, as well as with businesses and employers and their representative groups.
It will also seek to engage with groups representing some of the many different place-based communities that form the Cardiff city-region.
The project aims to help inform and shape the development of the city-region and better understand and provide the knowledge and evidence base that is needed by these different communities to help the city-region to function effectively.
For example, as well as providing knowledge of what has worked well in other city-regions, the project will engage with the different communities of interest and place to explore what might help them address the particular issues and challenges that confront the development of the Cardiff city-region.
It will then draw upon our different skills and knowledge to develop a set of projects which are intended to help the city-region's development to be transformative for people living and working here. In other words, how will the city-region improve economic opportunities such as better connections between businesses and place, but also help tackle critical social issues such as deprivation, exclusion and poor skill levels?
The project will also facilitate the development of key networks and alliances that will be so important to the development of the city-region. In so doing, it is hoped that it will help strengthen and deepen our role in and engagement with key actors and issues in the local economy.