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    Home » Swansea set for £120m investment boost across schools, roads and regeneration
    Economy

    Swansea set for £120m investment boost across schools, roads and regeneration

    Rhys GregoryBy Rhys GregoryFebruary 20, 2026Updated:February 20, 2026No Comments
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    City communities and businesses are set to see millions of pounds of investment in new schools, roads, community facilities and major regeneration projects in the coming year.

    More than £120m has been earmarked for projects ranging from investment in skate areas and changing rooms to the revitalisation of Castle Square Gardens and roads.

    The funding forms part of the council’s long-term capital programme and will support projects ranging from highway resurfacing and flood defences to school modernisation, digital infrastructure and city centre renewal.

    The package also includes substantial investment in the years ahead through the wider capital programme stretching to 2030/31 that includes over £370m for school improvements alone.

    The £120m package is on top of £70m earmarked for improvements to our communities’ stock of more than 13,000 council home – extra investment paid for from rents and other sources and not the council tax.

    Council Leader Cllr Rob Stewart said the plans demonstrate the council’s determination to protect essential services while continuing to deliver the major improvements residents expect.

    The proposals have been agreed by Cabinet and will now go to full council next month for a final decision.

    Cllr Stewart said: “This investment will deliver real benefits for communities across Swansea. It will help improve our schools, enhance public spaces, make our roads safer and support regeneration that creates jobs and boosts our local economy.

    “We’re continuing to invest in the big projects that transform our city’s future while also putting money into the everyday services that matter to residents.

    “From highways upgrades to new school buildings and community facilities, this programme ensures Swansea continues to move forward.”

    He added: “We’re making sure that every pound we spend works hard for our communities. By putting our money into now, we’re able to unlock even more funding from Welsh Government and others to support projects in future years.

    Among the projects supported by the 2026/27 capital programme are:

    • Major highways improvements across the city worth £12m
    • Just over £15m of improvements across school buildings such as Bishopston, Gowerton and Bishop Gore comprehensive schools
    • More than £12.8m earmarked for projects along the Tawe such as Hafod-Morfa Copperworks, the Tawe link and Swansea Museum
    • More than £2.5m for community sports field changing room upgrades
    • Around £1.8m more for the council’s skate parks initiative
    • Continued progress on the Castle Square Gardens transformation with an investment of £8.5m this year to transform it into a greener and more welcoming public space.
    • Around £2.6m for the next stage of city centre regeneration including the public sector hub that will see further investment over time from other organisations.
    • More than £670,000 to improve the look and feel of the Marina area, including new public art
    • Flood alleviation measures and climate resilience schemes across multiple neighbourhoods.
    • Upgrades to the council’s digital and cyber security infrastructure to support reliable modern service delivery to our residents.
    • Investment in social care buildings and adaptations to support improved, modern care environments.

    Funding for the programme comes from a mix of Welsh Government grants, City Deal funding, capital receipts, revenue contributions and borrowing already secured at long-term low rates.

    The capital budget was endorsed by Cabinet and will now progress to Council for final approval at its meeting on March 5.

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