The Cardiff Capital Region aims to develop and promote south east Wales as a great place to live, work and do business.
The City Deal comprises an investment programme of £1.2billion into the regional economy, including £734m for the creation of a South East Wales Metro transport scheme. Each authority is committed to borrowing a total of £120million as part of the CCR City Deal Wider Investment Fund.
A Regional Cabinet will oversee the projects to improve transport, digital networks, developing skills and supporting enterprise and business growth.
