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STRATEGIC OPPORTUNITY AREAS
DEREK JAMES Head of Regeneration And Prosperity
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WHAT ARE STRATEGIC OPPORTUNITY AREAS?
Regionally important areas - greatest scope for strategic development Greatest impact on economy of RCT and wider Cardiff Capital Region Significant opportunities for growth and job creation Vital to work in public/private partnership for successful delivery Investment programme - short and long term opportunities
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WHERE ARE THEY? Treforest - Edge of the City Heart of the Region
Pontypridd Town - Pivotal in the Region Cynon Gateway - Energising the Region WHERE ARE THEY? A4119 Corridor - Regional Rhondda Gateway Llanilid on the M4 - Driving the Regional Economy.
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TREFOREST STRATEGIC OPPORTUNITY AREA
Pivotal role within Cardiff City Region - Edge of the City, Heart of the Region
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TREFOREST STRATEGIC OPPORTUNITY AREA
Identified as Strategic Hub - Valleys Taskforce Estate has major regional potential for investment and growth Critical benefit of presence of USW and Coleg y Cymoedd, Anchor companies Engaged and keen private sector Partnership working Treforest Business Growth
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TREFOREST INVESTMENT PROGRAMME
Dynamic Regional Hub 21st Century Premises Environment Treforest New Rail Stations and Park and Ride Station Improvements Local Development Order Treforest Growth
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OUTCOMES Increased job creation
Increased rates of business start ups and survival Increased productivity Increased skills levels Increased Work placement and apprenticeship opportunities Increased private sector investment OUTCOMES
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WAY FORWARD Continued engagement with businesses on the Estate Working with Partners to deliver and develop investment programme Source funding and investment Ongoing consideration of opportunities
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Any Questions
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Thank you
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