PIN issued for Welsh health project

20 March 2017 Carmarthenshire County Council has commenced a market sounding exercise for a private partner to deliver the £200m Llanelli Wellness and Life Science Project.

The Llanelli Wellness and Life Science Project (The Village) was established in May 2016 with the aim of integrating economic development, education, wellness initiatives, research and development, business development and healthcare initiatives to deliver economic and social benefits.

The Village at Delta Lakes, is being led by the council, under the ARCH (A Regional Collaboration for Health) programme, which is a partnership between Hywel Dda and Abertawe Bro Morgannwg Health Boards and Swansea University.

The proposals include an Institute of Life Science with laboratory and clinic space and an incubation facility for business start-up, research and development; a wellness hub incorporating a new ‘state-of-the-art’ sports and leisure centre, a wellbeing centre, a wellness hotel and an assisted living village all interlinked and set within a ‘green’ eco-park.

The project could be structured as a partnering development arrangement or through a joint venture. The authority is considering the most appropriate structure for this project and proposals for the most effective structure are welcomed as part of the market sounding exercise. Responses are due 10 April.

The council wishes to take advantage of City Deal funding which may be available to fund the delivery of the project.UK and Welsh Government Ministers will visit Swansea Bay on Monday to sign the Swansea Bay City Deal. The total investment package is made up of £241m of UK and Welsh Government funding, £396m of other public sector money and £637m from the private sector.

For contact details, click here.

This page was last updated on:
19 November 2017.

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