First announced in 2017 by the former First Minister of Wales Carwyn Jones and former Prime Minister Theresa May, the complete Swansea Bay City Deal has now been signed off by the UK and Welsh governments.
All nine projects in the £1.3bn deal were approved by the two governments in December 2021, who have both committed a total of £241m to fund the City Deal.
The four local authorities that make up the region, in Pembrokeshire, Carmarthenshire, Swansea and Neath Port Talbot, will also use their borrowing powers to support the projects.