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Economic Development

Skyline Swansea would bring 100 jobs and £84m boost to local economy, says report

The Skyline Swansea project has been proposed by New Zealand company Skyline Enterprises

A detailed fly-through of the proposed leisure destination that is going through the planning process with Swansea Council(Image: Skyline Enterprises)

A major tourism attraction in Swansea would create 100 new jobs in its first year of operation and bring an £84m boost to the local economy by 2039 if it goes ahead, a report has claimed.

The Skyline Swansea project has been proposed by New Zealand company Skyline Enterprises. The company wants to build a gondola (cable car) route, gravity-fuelled Luge ride, a zipline, sky swing, new walking and mountain bike trails, and food and drink outlets on Kilvey Hill.

The project is set to receive a £4m investment from the Welsh Government, via a £3m grant plus £1m in repayable finance. Additional funding from Swansea Council is also expected after of the £40m attraction to make the project profitable quicker.

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The economic impact report into the planned high-profile leisure attraction was published by economic development consultancy Kada. It says the proposed development would create 478 local construction jobs during the build phase and, in its first year of opening, create 100 permanent jobs across all sectors including catering, operations, apprenticeships, and senior management.

The report also estimates that Skyline Swansea would contribute £84m to the local economy over the next 15 years. Broken down this would be £11m during the construction phase, £19m in local employee spend, and £54m in visitor spend.

Skyline Enterprises chief executive Geoff McDonald said: “We hope our economic impact report, compiled by independent consultants at Kada, gives a valuable indication of the financial benefits a Skyline development could bring to the region.

“What we also know to be true from our previous developments across New Zealand, Singapore, South Korea, Canada and Malaysia, yet what the report cannot quantify, is the value a Skyline site can bring to communities in the long-term.