An exciting NEW video showcasing how the area could look in the future has been released to mark the signing of the Swansea Bay City Deal!
It's described as a '6 billion pound story of innovation and investment.'
Prime Minister Theresa May has spent the morning in the city for the historic signing of the deal, which is expected to create more than 9,000 jobs and trigger almost £1.3 billion in investment.
Click link to see the vision for our region.
Theresa May started her Brexit tour of Wales in Swansea. The prime minister's confirmed she'll trigger Article 50 a week on Wednesday.
It'll officially start the two year process for the UK to leave the European Union.
During the signing of the Swansea Bay City Deal, she spoke about the country working for everyone and not just the privileged few.
The PM visited Swansea University's Bay Campus - where she convened a meeting of leaders from Welsh business and industry to discuss the Government's Plant for Britain.
First Minister of Wales Carwyn Jones says it marks the beginning of a new exciting era for the region.
So how with the Swansea City City Deal benefit us?
Swansea Council Leader Rob Stewart says it will transform the city.
Of the eleven major projects within the Swansea Bay City Region City deal there are two specific projects in Carmarthenshire - a Wellness and Life Science Village in Llanelli and a creative industry project at Yr Egin in Carmarthen.
Professor Hamish Laing from Abertawe Bro Morgannwg University Health Board explains how it will boost research and service provision.
To see how the City Deal will accelerate projects within the ARCH partnership such as an Institute of Life Sciences at Morriston and the development of regional health and wellbeing schemes such as the Llanelli Wellness & Life Village check out this video: