Objectives & Achievements

Objective – To develop close working relationships between the primary economic development agencies in the region.

Through its meetings at senior level and its working groups SWWEF has ensured a common understanding of the opportunities for co-operation between key agencies in the region.

During the development of arrangements for the implementation of the Objective 1 programme for West Wales and the Valleys the forum ran workshops on sub-regional co-ordination and local and regional action plans. It provided the vehicle programme for agreeing sub-regional representation on the Regional Strategy Groups.

A current example is the SWWEF Regional Business Support Group which brings together the providers of business support to exchange best practice and promote co-ordination. The group is pressing for the development of a single database of businesses in the region that can be shared by support agencies and used by businesses as a tool for intertrading. This will avoid wasteful duplication of effort and could be a pilot for a pan-Wales project. The group will also be focusing on the development of the Strategic Frameworks for Business Solutions and Business Finance in the Convergence Programmes 2007-2013 to ensure that the particular needs of the region are taken into account and that a more strategic approach to project development is adopted.

Objective – to develop close working relationships between the private and public sectors in the region in the field of economic development

SWWEF member and observer organisations include CBI Wales, Institute of Directors Wales, West Wales Chamber of Commerce, the Federation of Small Businesses Wales and the SW Wales Regional Tourism Partnership. The Agri-Food Partnership has also been offered observer status. This breadth of representation has made a major contribution to understanding between the two sectors and to the strategies and priorities of the forum.

Objective – to develop co-ordinated strategies for economic growth and development

SWWEF has produced two major strategies for SW Wales: the South West Wales Regional Tourism Strategy (1998) and the South West Wales Regional Economic Framework (2005). Both have been vehicles for integration and co-ordination in their fields.

The South West Wales Regional Economic Framework identifies four priorities for action

Each priority is underpinned by a number of strategic actions and regional initiatives.

Other examples of strategic co-ordination undertaken by the forum include

Objective – to prioritise the actions needed to take forward the strategies and to promote their implementation

Objective – to prioritise the actions needed to take forward the strategies and to promote their implementation
In the context of the South West Wales Regional Economic Framework, the forum has identified and is pursuing the following priorities:

Objective – to monitor the progress of the local economy and modify the strategies accordingly

The forum receives regular reports on the local economy and labour market. In particular

Objective – to undertake whatever action may be desirable to promote the economic development of the region in Wales, the United Kingdom, Europe and abroad.

The forum undertakes a wide range of activities to promote the economic regeneration of South West Wales. A few examples are given below: