Estimated to attract around £1.26 billion of investment by 2033, the Swansea Bay City Deal will help transform South West Wales’ urban and rural areas into a place where businesses can thrive.

The Pembroke Dock Marine project will see Pembroke Port continue with their commercial operations of the laydown space and workboat pontoons, and welcome additional tenants to the Hangar Annexes.

The Marine Energy Test Area will continue to provide pre-consented real sea test facilities for marine energy technologies. The MEECE element will build on its success of leveraging £2 million private sector funding though university and industry led projects.

The Pembrokeshire Demonstration Zone will continue to utilise its lease area to support the development of new technology.